Ramco Systems Limited has announced the allotment of 28,322 equity shares under its Employee Stock Option Schemes, following approval from the Stakeholders Relationship Committee of the Board. The decision was made during the committee's meeting held on January 28, 2026.

Share Allotment Details

The allotment comprises equity shares of Rs.10/- each, distributed across three different Employee Stock Option Schemes. The breakdown of stock options exercised is as follows:

Impact on Share Capital

The allotment has resulted in changes to the company's equity structure:

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India Ltd. and BSE Ltd. about the allotment.

Ramco Systems will apply for listing and trading permission for the newly allotted shares shortly. The company has also hosted this information on its official website at www.ramco.com for stakeholder reference.

Ramco Systems Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, with the Board of Directors approving the unaudited financial results in a meeting held on January 28, 2026. The results reflect a mixed performance, with operational improvements overshadowed by regulatory compliance costs.

Financial Performance Overview

The company's consolidated performance showed revenue growth, while standalone operations faced some challenges. The most significant impact came from the implementation of new Labour Codes, which created substantial one-time costs.

Labour Code Implementation Impact

The most significant development during the quarter was the implementation of new Labour Codes by the Government of India, effective November 21, 2025. This regulatory change had a substantial financial impact on the company.

The Labour Code consolidated various existing labour legislations into a unified framework. The company assessed the financial implications, resulting in increased gratuity liability and leave liability arising from past service costs. Due to the materiality and non-recurring nature of this impact, it was presented as "Impact of Labour Code" under Exceptional Items.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company showed improved operational performance on a consolidated basis:

On a standalone basis, the nine-month performance was affected by the Labour Code impact:

Operational Highlights

Several operational developments occurred during the quarter:

• Equity Allotment: The company allotted 49,264 equity shares under Employee Stock Option Schemes, increasing paid-up capital to Rs.374.47 million from Rs.373.98 million
• Subsidiary Closure: Ramco Systems Macau Limited, a step-down subsidiary, was voluntarily closed effective November 07, 2025, with no impact on financial results
• Employee Benefits: ESOP costs for Q3FY26 were Rs.13.24 million compared to Rs.23.39 million in Q3FY25

Other Comprehensive Income

The company reported other comprehensive income of Rs.41.19 million on a standalone basis for Q3FY26, primarily due to remeasurement of defined benefit obligations amounting to Rs.64.49 million, partially offset by foreign currency translation effects.

Earnings Per Share

The Labour Code impact significantly affected earnings per share calculations:

The company operates in a single segment of Software Solutions & Services, with global operations across multiple countries including India, Singapore, Malaysia, USA, Canada, and several other international markets.