Ramco Systems Limited has informed the Exchange regarding a press release dated July 07, 2025, titled "Ramco Systems partners with MCA Management Consultants".
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Ramco Systems announced that its wholly owned subsidiary, Ramco Systems FZ-LLC, has partnered with MCA Management Consultants, a professional services firm in the GCC region. The partnership combines MCA's HR advisory and transformation services with Ramco's Payce payroll platform to help organizations in the GCC modernize their payroll operations. MCA has a strong presence in the UAE, Oman, Saudi Arabia, Qatar, and Bahrain. The collaboration is aimed at businesses in the GCC looking to streamline payroll, gain strategic insights, and meet local regulatory requirements with global-standard technology.
This is a non-financial partnership announcement and is unlikely to move the stock price meaningfully. However, it signals Ramco's continued push to grow its global payroll business in the Middle East, which is a key growth region for the company.