Ramco Systems Limited — Others, 17-03-2025: ESOP/ESOS/ESPS

Ramco Systems Limited has announced a board meeting focused on the allotment of 94,968 equity shares, resulting from the exercise of stock options under the Employee Stock Option Schemes 2014 and 2022. Notably, 11,250 shares were allocated to former CEO Mr. Subramanian Sundaresan and 5,625 shares to CFO R Ravi Kula Chandran. This allotment raises the paid-up equity share capital to 3,72,82,399 shares. The company intends to seek listing and trading approvals shortly. This update may foster a positive outlook, reflecting management's commitment to incentivizing key personnel, potentially enhancing long-term shareholder value.