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Ramco Systems informs about outcome of allotment committee meeting

25 Nov 2016 Evaluate

Ramco Systems has informed that the Allotment Committee of the Board of Directors of the Company at its meeting held on November 25, 2016 has approved an allotment of 10,413 equity shares of Rs 10 each, being the exercise of 2,644 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A, (ESOS 2009 - Plan A), 4,993 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 2,776 equity stock options under the Employee Stock Option Scheme, 2013 (ESOS 2013). Consequent to this the paid up equity share capital has increased from 30,118,940 equity shares of Rs 10 each to 30,129,353 equity shares of Rs 10 each.

The above information is a part of company’s filings submitted to BSE.

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