Ramco Systems Limited has informed the Exchange regarding allotment of 21397 securities pursuant to ESOP/ESPS at its meeting held on March 11, 2026
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Ramco Systems has allotted 21,397 equity shares of Rs. 10 each following the exercise of stock options by employees under three ESOP schemes: 2,250 shares under ESOS 2013, 9,150 shares under ESOS 2014, and 9,997 shares under ESOS 2022. The allotment was approved by the Stakeholders Relationship Committee at its meeting on March 11, 2026. As a result, the paid-up equity share capital rose from Rs. 37.44 crore to Rs. 37.46 crore, with total equity shares increasing from 3,74,40,247 to 3,74,61,644. Of the shares allotted, 5,625 shares went to the CFO, Mr. R Ravi Kula Chandran. The company will seek listing and trading approval for the new shares shortly.
This is a routine ESOP allotment with a very small dilution of about 0.06% to the share count, so the impact on existing shareholders is minimal. The insider participation by the CFO is a mildly positive signal of management confidence.