RAMCO SYSTEMS LTD. - Outcome of Allotment Committee Meeting

Ramco Systems Ltd has informed BSE that the Allotment Committee of the Board of Directors of the Company at its meeting held on June 02, 2016, has approved an allotment of 27,025 equity shares of Rs.10/- each, being the exercise of 1,311 equity stock options under the Employee Stock Option Scheme, 2008 (ESOS 2008), 8,481 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 17,233 equity stock options under the Employee Stock Option Scheme, 2013. Consequent to this the paid up equity share capital has increased from 30,005,664 equity shares of Rs. 10/- each to 30,032,689 equity shares of Rs. 10/- each.