Ramco Systems Limited — Others, 05-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Ramco Systems Limited confirms that there were no deviations or variations in the utilization of funds raised through its Preferential Issue during the quarter ended December 31, 2024. The company raised ₹160 Cr, with ₹145 Cr utilized as intended, leaving an unutilized balance of ₹15 Cr. Key allocations included ₹97.50 Cr for repayment of borrowings, ₹10 Cr for sales and marketing, ₹20 Cr for capex, and ₹17.50 Cr for general corporate purposes, within the originally disclosed limits. This consistency may positively influence investor sentiment by highlighting strong fiscal discipline and effective fund management.