Ramco Systems has informed that Ramco Systems Corporation (RSC), USA, a Subsidiary of Ramco Systems, India ('the Company') has incorporated a Wholly Owned Subsidiary (WOS) in the state of Texas, USA by the name Ramco Systems Defense and Security Incorporated, vide registration number 804302550 as per certificate of formation dated November 01, 2021. With the completion of the required procedures, the infusion of capital into the said WOS by RSC is being made shortly. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in the attachment.
The above information is a part of company’s filings submitted to BSE.