Ramco Systems board authorizes KMP for determination of materiality of events under Reg 30

1 min read     Updated on 03 Jul 2026, 01:11 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Ramco Systems authorized its Key Managerial Personnel 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. The designated KMPs include the Managing Director, Chief Executive Officer, Chief Financial Officer, and Company Secretary.

powered bylight_fuzz_icon
44557605

*this image is generated using AI for illustrative purposes only.

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:

Name of the KMP Designation
Mr. P V Abinav Ramasubramaniam Raja Managing Director
Mr. Raghuveer Sandesh Bilagi Chief Executive Officer
Mr. R Ravikula Chandran Chief Financial Officer
Mr. Mithun V Company Secretary

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.

Historical Stock Returns for Ramco Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-7.84%-7.15%+48.98%+67.91%+111.46%+32.49%

How will this delegation of authority impact the speed and frequency of Ramco Systems' future disclosures?

Will this governance change lead to a more proactive investor relations strategy during volatile market conditions?

Could this internal framework adjustment signal preparations for significant corporate events or strategic shifts?

Ramco Systems promoter group declares no encumbrance in FY2025-26

1 min read     Updated on 18 Jun 2026, 04:33 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Ramco Systems Limited's promoter group, led by P R Venketrama Raja, declared that no encumbrance was made directly or indirectly during the financial year 2025-26. The disclosure was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration covers 18 entities and individuals classified as promoters or promoter group members.

powered bylight_fuzz_icon
43282976

*this image is generated using AI for illustrative purposes only.

Ramco Systems Limited's promoter group has confirmed that no shares or assets were encumbered during the financial year 2025-26. P R Venketrama Raja, Promoter of the Company, submitted the declaration on behalf of himself and the members of the promoter group to the National Stock Exchange of India Ltd and BSE Ltd. The disclosure confirms that there were no direct or indirect encumbrances made by the group throughout the specified period.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter provided two copies of the disclosure, one including PAN details and another without, as advised by the exchanges. The declaration was signed and submitted in Chennai on April 04, 2026.

The disclosure identifies 18 entities and individuals falling under the category of Promoter or Promoter Group. The list includes Ramco Industries Limited, The Ramco Cements Limited, and Rajapalayam Mills Limited, alongside other group entities and individual family members associated with the promoter.

Promoter and Promoter Group Details

Name(s) of the person Category
Mr. P R Venketrama Raja Promoter
Ramco Industries Limited Promoter Group
The Ramco Cements Limited Promoter Group
The Ramaraju Surgical Cotton Mills Limited Promoter Group
Rajapalayam Mills Limited Promoter Group
Ramco Private Limited Promoter Group
Ramco Management Private Limited Promoter Group
Ramco Agencies Private Limited Promoter Group
Ramco Industrial and Technology Services Limited Promoter Group
Mrs. Nalina Ramalakshmi Promoter Group
Mrs. Saradha Deepa Promoter Group
Mrs. R Sudarsanam Promoter Group
Mrs. P V Nirmala Promoter Group
Mr. P V Abinav Ramasubramaniam Raja Promoter Group
Mrs. B Srisandhya Raju Promoter Group
Mrs. Sethulakshmi Jayaraman Promoter Group
Mrs. Alagaraja Rajalakshmi Promoter Group

Historical Stock Returns for Ramco Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-7.84%-7.15%+48.98%+67.91%+111.46%+32.49%

How will this clean encumbrance status impact Ramco Systems' ability to raise capital or secure loans in the upcoming fiscal year?

Does the unencumbered status signal a potential shift in the promoter group's strategy towards acquisitions or dividend payouts?

How might this disclosure influence investor confidence and stock liquidity given the involvement of 18 distinct promoter entities?

More News on Ramco Systems

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+111.46%