Ramco Systems Limited has informed the Exchange regarding Trading Plan pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RAMCOSYS · price
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Ramco Systems' CHRO, Mr. Rajiv R, had a Trading Plan dated December 5, 2024, that was scheduled to be executed between April 7 and April 15, 2025 (5 trading days). The plan could not be implemented because the stock price was below the lower price limit of Rs. 394 per share. The Audit Committee reviewed the matter on May 5, 2025, along with the Compliance Officer's recommendation, and concluded that the non-implementation was bona fide (in good faith). This decision has been formally communicated to the exchanges as required under SEBI insider trading regulations.
This is a routine insider trading compliance disclosure with no material impact on the business or shareholders. The non-implementation was driven by a price condition in the plan itself, not by any negative information, and the Audit Committee has cleared it as genuine.