Ramco Systems witnessed a significant shareholding change as HDFC Asset Management Company Limited disclosed the sale of shares under SEBI regulations. The transaction, executed on February 03, 2026, involved the disposal of equity shares through the HDFC Flexi Cap Fund, marking a notable reduction in the mutual fund's stake in the IT solutions company.

Transaction Details

The share sale transaction was conducted through open market operations on February 03, 2026. HDFC Flexi Cap Fund disposed of 9,74,596 equity shares of Ramco Systems Limited, representing a 2.60% reduction in the mutual fund's overall shareholding in the company.

Shareholding Impact

The transaction resulted in a significant change in HDFC Mutual Fund's ownership structure in Ramco Systems. Prior to the sale on February 02, 2026, the fund held 16,90,280 shares, representing 4.51% of the company's paid-up equity capital.

Company Capital Structure

Ramco Systems Limited's equity capital structure remained unchanged following the transaction. The company maintains its paid-up equity share capital at Rs. 37,41,19,250, comprising 3,74,11,925 equity shares with a face value of Rs. 10 each.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. HDFC Asset Management Company Limited, through its Deputy Vice President - Compliance Dinesh Bhakade, submitted the required documentation to both BSE Limited and National Stock Exchange of India Limited on February 05, 2026.

The mutual fund confirmed that it does not belong to the promoter or promoter group of Ramco Systems Limited. Following this transaction, HDFC Mutual Fund's aggregate holding through its various schemes now stands at 1.91% of the company's total paid-up equity share capital.

Ramco Systems has officially signed a Memorandum of Understanding (MoU) with ST Engineering's Commercial Aerospace business to explore a strategic partnership focused on developing next-generation digital solutions for the global aviation MRO industry. The announcement was made on February 05, 2026, during the Singapore Airshow.

Partnership Scope and Innovation Center

The collaboration aims to establish a long-term digital partnership combining ST Engineering's extensive MRO domain expertise with Ramco's aviation software and agentic AI platform capabilities. As part of the agreement, both companies will study the feasibility of setting up a jointly operated Competency Centre and Innovation Lab in Singapore.

Strategic Capabilities Integration

The partnership brings together complementary strengths from both organizations. ST Engineering contributes its comprehensive domain expertise across Airframe, Engine, and Component MRO, along with OEM and engineering solutions including nacelles design and manufacturing, cabin interiors, and passenger-to-freighter conversion capabilities.

Ramco Systems will leverage its purpose-built aviation product suite and AI-driven platforms to support the initiative, focusing on delivering agility, regulatory compliance, and operational depth required for scalable aviation solutions.

Leadership Perspectives

Jeffrey Lam, President Commercial Aerospace at ST Engineering, emphasized that the collaboration builds on their ongoing digital transformation journey. He noted that pairing their operational experience with Ramco's aviation and AI expertise can unlock new avenues to boost MRO efficiency and enhance customer value delivery.

Sandesh Bilagi, President & COO of Ramco Systems, expressed enthusiasm about partnering with ST Engineering to shape next-generation digital aviation platforms. He highlighted that this collaboration reflects their shared vision of working with industry leaders to co-create future-ready solutions for the aviation ecosystem.

Market Impact and Innovation Focus

The Singapore-based innovation facility will serve as a focal point for driving digital innovation and AI-enabled solutions across key areas of aviation MRO. This strategic partnership positions both companies to address the growing demand for advanced aerospace technologies and digital transformation in the aviation industry.

The collaboration demonstrates the continued evolution of aviation MRO services toward digitalization and AI integration, with both companies committed to developing solutions that enhance operational efficiency and regulatory compliance in the global aerospace sector.