-14.75 (-3.00%) Ramco Systems’ subsidiary – Ramco Systems Corporation (RSC), USA has incorporated a wholly owned subsidiary (WOS) in the state of Texas, USA by the name ‘Ramco Systems Defense and Security Incorporated’. With the completion of the required procedures, the infusion of capital into the said WOS by RSC is being made shortly. The company has incorporated a wholly owned subsidiary to carry on the business operations in USA, including in the area of defense.
Ramco Systems is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&EMRO for Aviation.