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.

Ramco Systems Limited has informed stock exchanges about receiving an Income Tax Assessment Order for Assessment Year 2023-24, which includes a tax demand and significant transfer pricing adjustments that the company intends to challenge through the appellate process.

Assessment Order Details

The IT software and enterprise solutions company received the Income Tax Assessment Order dated March 2, 2026, issued under section 143(3) read with sections 144C(3) and 144B of the Income Tax Act, 1961. The assessment covers the financial year 2023-24 and presents two key financial implications for the company.

Company's Response Strategy

Ramco Systems has indicated its intention to contest the assessment order through the established legal framework. The company disputes both the tax demand and the transfer pricing adjustments made by the income tax authorities. Management has confirmed plans to file an appeal within the statutory timeframe of 30 days from the date of receipt of the order before the appropriate appellate authority.

Financial Impact Assessment

The company has conducted a preliminary assessment of the potential financial implications arising from the disputed matters. Based on internal evaluation and consultation with tax advisors, Ramco Systems maintains confidence in achieving a favorable outcome through the appellate process.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 - Para B, Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to inform stock exchanges about material events that could impact the company's operations or financial position. The intimation has been simultaneously shared with both the National Stock Exchange of India and BSE Limited, and the information is also available on the company's official website at www.ramco.com .