Ramco Systems Limited — Others, 21-03-2025: Trading Plan under PIT

Ramco Systems Limited has announced a board meeting regarding a trading plan initiated by former CEO Mr. Sundar Subramanian. He aimed to sell 40,000 shares between 13th and 20th March 2025, contingent on prices meeting a minimum of Rs. 332 per share. However, he reported that no trades were executed as the market price fell below this threshold. The matter will be reviewed by the Audit Committee, which will assess whether the non-execution was justified. This situation could raise investor concerns about governance and the company's stock liquidity, potentially affecting market sentiment.