RAMCO SYSTEMS LTD.

Ramco Systems Limited's wholly-owned subsidiary in the Philippines, Ramco System Inc. (RSI), has settled a tax dispute with the Commissioner of Internal Revenue (CIR) of the Philippines. Initially facing a demand of PHP 72.40 Million (approximately Rs. 112.00 Million) for the Financial Year 2022-23, which included various taxes and penalties, RSI filed an administrative protest. Following discussions, the CIR issued a 'Final Decision' on September 29, 2026, significantly reducing the demand. RSI has now paid the revised amount of PHP 3 Million (approximately Rs. 4.60 Million), including a compromise penalty, settling the matter.

Ramco Systems marked its 30th anniversary in Malaysia with the 'Ramco Now & Next' event. The company celebrated its journey and unveiled a preview of its upcoming AI-native enterprise platform. This new platform aims to transform enterprise software from a 'system of record' to a 'system of intelligence and action', automating tasks and providing actionable insights. The company highlighted its long-standing relationships with Malaysian clients like Valiram Group, Hitachi Energy, and Aurecon, emphasizing the value of customer partnerships over the years. Ramco Systems, a global enterprise software provider, plans to leverage its Malaysian experience to drive regional adoption of its new platform.

Ramco Systems has signed a Memorandum of Understanding (MoU) with Safran Helicopter Engines to integrate engine data into Ramco's Aviation Software. This collaboration aims to enable seamless flow of engine information post shop visits directly from Safran into Ramco's Maintenance Information System (MIS). The partnership will improve data accuracy, reduce manual data entry for helicopter operators, and strengthen digital services. The outcome is expected to be the 'EngineLife® Connect' label from Safran, signifying compatibility with their products. This integration is powered by AI and agentic automation within Ramco's software, which is used by over 24,000 users globally.

Ramco Systems Canada Inc., a subsidiary of Ramco Systems Limited, announced that its client Ornge, a provider of air ambulance and critical care transport services in Ontario, Canada, has successfully implemented Ramco's Digital Task Card with eSign-off and Mechanic Anywhere Mobile Application. This implementation transitions Ornge's maintenance operations for its AW-139 and PC-12 fleets from paper-based to a fully digital, paperless workflow across all its maintenance bases. The solution meets Transport Canada's compliance requirements for digital sign-offs and provides real-time visibility into maintenance progress, enhancing efficiency and audit capabilities. This move is expected to improve maintenance turnaround times and standardize work execution.

Ramco Systems has successfully implemented its Payce payroll software for Cromwell Property Group, a real estate investment platform. The implementation supports Cromwell's payroll operations in Australia, ensuring compliance with local statutory requirements. This collaboration highlights Ramco's commitment to providing automated payroll solutions and strengthening its presence in the Australian market. Ramco Payce, trusted by over 500 customers globally, offers extensive payroll coverage across 150+ countries and integrates with leading HCM providers, aiming for faster and smoother implementations through features like self-service reporting and RPA, AI, and ML integration for a touchless payroll experience.

Ramco Systems Ltd announced that its shareholders have approved the Employee Stock Option Scheme 2026 (ESOS 2026) during the 29th Annual General Meeting held on August 20, 2026. The scheme allows for the grant of up to 15,00,000 stock options, convertible into an equal number of equity shares of Rs. 10 each. The exercise price will be determined by the Nomination and Remuneration Committee, linked to the market price, with a potential discount, but not less than the face value. Options can be exercised within 10 years from vesting. The scheme aims to reward, motivate, attract, and retain high-quality talent.

Ramco Systems' subsidiary, Ramco Systems Corporation, USA, announced that Pem-Air, an FAA and EASA-certified engine MRO services and accessory repair provider, has selected Ramco Aviation Software. This selection aims to digitally transform Pem-Air's engine MRO business, supporting its growth in handling larger and next-generation engine platforms. The integrated system will cover modules for Maintenance Planning, Engine Maintenance, Supply Chain, Quality & Compliance, Engineering, and Finance. Ramco's AI-led capabilities, including Service Bulletin Agent and Gen AI assistants, will enhance operational efficiency, standardize decisions, and reduce turnaround times. This partnership underscores Ramco's strong position in the aviation software market, particularly in the MRO segment.

Ramco Systems FZ-LLC, a subsidiary of Ramco Systems Limited, has been selected by Royal Jordanian Airlines to implement its next-generation Aviation Software. This strategic partnership aims to enhance operational efficiency, fleet reliability, and support Royal Jordanian's growth phase. The software includes modules for Engineering, Maintenance, Supply Chain Management, Safety, Quality, and MRO. Ramco will also provide digital enablers like digital task cards and mobility solutions to facilitate paperless operations and real-time visibility. This deal signifies Ramco's growing presence in the aviation software market and Royal Jordanian's commitment to digital transformation.

Ramco Systems announced the successful deployment of its Payroll Managed Services, powered by its Payce platform, for Aurecon, an Asia Pacific engineering consultancy. This digital transformation covers payroll operations across Singapore, Hong Kong, Malaysia, Thailand, the Philippines, Vietnam, and Indonesia. Ramco's solution replaces Aurecon's legacy systems with a single, consolidated service, managing calculations, statutory compliance, and providing a 360-degree view through its analytics tool, Ramco BInGO. The integration with Workday and banking partners ensures a secure data flow, leading to improved accuracy, timeliness, cost efficiencies, and access to modern payroll technology for Aurecon.

Ramco Systems announced that CFS Aero, a UK-based aerospace engineering company, has selected Ramco Aviation Software to streamline its Engine and APU MRO operations. The implementation will cover the entire process from contract to cash, providing real-time operational and financial visibility. The software includes modules for engineering, planning, maintenance, supply chain, customer and commercial management, and accounting. This digital transformation aims to enhance operational efficiency, support paperless operations, and maintain compliance for CFS Aero's MRO business. The partnership is expected to optimize productivity and service delivery.