Ramco Systems appointed Mr. Raghuveer Sandesh Bilagi as Chief Executive Officer and Key Managerial Personnel effective July 02, 2026. Bilagi, who previously served as President & Chief Operating Officer, succeeds the former leadership to lead the company's next phase of global growth and transformation into an AI-native enterprise software company. The appointment was approved by the Board of Directors based on the recommendations of the Nomination and Remuneration Committee.

Bilagi brings over two decades of experience in enterprise technology, having built and scaled businesses across sales, delivery, and operations. He founded Ramco's Australia & New Zealand business, which is now one of the company's strongest markets. His tenure includes steering the organization through two leadership transitions and maintaining stability during the COVID-19 pandemic by combining commercial discipline with delivery excellence.

Prior to joining Ramco Systems, Bilagi held leadership positions at HCL Technologies and Tech Mahindra. He has a track record of driving strategic growth, establishing offshore development centres, and closing landmark engagements, including deals worth over USD 550 million with leading Australian corporations. A Chartered Accountant from the Institute of Chartered Accountants of India and a CPA from CPA Australia, he holds a Bachelor of Commerce from Karnatak University, Dharwad.

Appointment Details

The Board's decision was formalized under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The following table outlines the key details of the appointment:

P.R. Venketrama Raja, Chairman, Ramco Systems, stated that the company has emerged stronger with six straight quarters of operational profit, evidence of a genuine turnaround. P.V. Abinav Ramasubramaniam Raja, Managing Director, added that Bilagi combines a builder's instinct with an operator's rigour to accelerate global expansion and embed AI at the core of products. Bilagi expressed his commitment to sustaining profitability and driving global growth across HR & Global Payroll, Aviation, ERP, Logistics, and Chia product lines.

Ramco Systems has authorized its Key Managerial Personnel (KMP) to determine the materiality of events or information for disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved this authorization at a meeting held on July 02, 2026. This move ensures compliance with regulatory requirements regarding timely and accurate disclosures to the stock exchanges.

The authorization designates specific senior executives responsible for assessing material events. The following KMPs have been empowered to make these determinations and disclosures:

The Managing Director, Mr. P V Abinav Ramasubramaniam Raja, serves as the primary contact for investor relations. His official contact details include the corporate address at 64, Sardar Patel Road, Taramani, Chennai – 600 113, and phone numbers 044 22354510 or 66354000. Investors can reach out via email at investorrelations@ramco.com or visit the company website at www.ramco.com .

The intimation regarding this authorization has been hosted on the official website of Ramco Systems. The filing was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. on July 02, 2026. The Company Secretary and Compliance Officer, Mr. Mithun V, signed the disclosure on behalf of the company.