Ramco Systems Limited has completed the allotment of 21,397 equity shares under its Employee Stock Option Schemes, as approved by the Stakeholders Relationship Committee on March 11, 2026. The allotment follows the exercise of stock options by employees across multiple ESOS programs.

Stock Option Exercise Details

The allotment resulted from the exercise of stock options under three separate Employee Stock Option Schemes:

Each equity share carries a face value of Rs.10/-.

Impact on Share Capital

The allotment has resulted in an increase in the company's equity structure:

Key Management Allocation

Among the beneficiaries of the stock option exercise, Chief Financial Officer R Ravi Kula Chandran received 5,625 equity shares out of the total 21,397 shares allotted during the meeting.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has indicated that it will apply for listing and trading permission for the newly allotted shares shortly. The information has also been made available on the company's official website at www.ramco.com .

Ramco Systems has officially announced its partnership with Tata Advanced Systems Limited (TASL) through a formal press release dated March 10, 2026. The collaboration involves implementing Ramco's next-generation Aviation MRO software platform at TASL's upcoming Defence MRO facility, which will specialize in Lockheed Martin C130J Super Hercules aircraft maintenance for the Indian Air Force.

Comprehensive Software Implementation

The partnership encompasses a broad suite of digital capabilities designed to modernize TASL's maintenance operations. Ramco will deploy its integrated Aviation MRO platform covering multiple operational areas to create a fully digital maintenance ecosystem.

Strategic Digital Transformation

TASL's selection of Ramco underscores the organization's commitment to building a modern, technology-enabled MRO ecosystem. The implementation aims to achieve end-to-end digital processing of customer work packages and establish a fully digital shopfloor supported by modern mobile applications. The system will interface seamlessly with TASL's existing ERP infrastructure.

According to Sandesh Bilagi, President & COO of Ramco Systems, the collaboration provides TASL access to a platform compliant with Indian regulations that anticipates operational needs, minimizes downtime, and ensures stable performance. The partnership reflects Ramco's commitment to the 'Make in India, Made for the World' vision.

Technology Platform Capabilities

Ramco Aviation Software serves 24,000+ users managing 4,000+ aircraft globally across 90+ aviation organizations. The cloud-based platform provides accessibility through 'Anywhere Apps' and incorporates artificial intelligence-based solutions, voice-enabled user experience, and advanced features including digital task cards and offline maintenance capability.

Industry Impact and Future Outlook

The formal partnership between Ramco Systems and TASL represents a significant advancement in India's defence aviation maintenance capabilities. The comprehensive digital transformation is expected to drive measurable improvements in efficiency and turnaround times while establishing the groundwork for future scalability. This collaboration strengthens both organizations' positions in supporting India's self-reliance vision in defence manufacturing and maintenance operations.