Ramco Systems Ltd — Capital/Financing Update 2022

Feb 1, 2022

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February 01, 2022

National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor Plot No:C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Scrip: RAMCOSYS

BSE Limited., Corporate Relationship Department Phiroze Jeejheebhoy Towers Dalal Street, Mumbai – 400 001 Scrip: 532370

Dear Sir/Madam,

Sub: Intimation of establishment of a Step-Down Subsidiary in the State of Texas, USA

With reference to the captioned subject, we would like to inform you that, Ramco Systems Corporation (RSC), USA, a Subsidiary of Ramco Systems Limited, 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 as follows:

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----- Start of picture text ----- Name of the target entity, details in brief such as size, turnover etc. (i) Name: Ramco Systems Defense and Security Incorporated(ii) Turnover: Nil (Yet to commence business operations)Whether the acquisition would fall within related party transaction(s) and No.whether the promoter/ promoter group/ group companies have any interest Since this is a case of incorporation of a WOS by the Company’sin the entity being acquired? If yes, nature of interest and details thereof and Subsidiary, providing details of Aquisition does not arise.whether the same is done at “arm’s length”. However, since Ramco Systems Defense and Security Incorporated isestablished as a WOS of RSC, USA, thus becoming a Step DownSubsiary of the Company, it would be a Related Party Transactionwhich is done at arms length.Industry to which the entity being acquired belongs Information TechnologyObjects and effects of acquisition (including but not limited to, disclosure of To carry on the business operations in USA, including in the area ofreasons for acquisition of target entity, if its business is outside the main line defense.of business of the listed entity)Brief details of any governmental or regulatory approvals required for the NA. The said investment is being made by the Company’s subsidiaryacquisition into its WOS.Indicative time period for completion of the acquisition NANature of consideration - whether cash consideration or share swap and Cashdetails of the sameCost of acquisition or the price at which the shares are acquired No existing Company is acquired.The Capital Structure of the Step-Down Subsidiary is as follows:Authorized Capital: 1 Million SharesPresent Infusion of capital: USD one hundred thousand.Percentage of shareholding / control acquired and / or number of shares 100% by the Company’s Subsidiary.acquiredBrief background about the entity acquired in terms of products/line of Ramco Systems Défense and Security Incorporated, has beenbusiness acquired, date of incorporation, history of last 3 years turnover, established in the state of Texas as a WOS of RSC, USA and is yet tocountry in which the acquired entity has presence and any other significant commence its business operations.information (in brief)----- End of picture text -----

We request you to kindly take the above on record. Thanking you, Yours faithfully,

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Ramco Systems Limited

Corporate Headquarters : 64, Sardar Patel Road, Taramani, Chennai 600 113, lndia I Tel: +91 44 2235 4510 / 66534000 Fax: +91 44 2235 2884 I CIN : L72300TN1997PLC037550 l Registered Office :47, P.S.K. Nagar, Rajapalayam 626 108, lndia

Global Offices : lndia l Singapore l Malaysia l China l HongKong l Philippines l Australia l Dubai l USA l Canada l United Kingdom I Germany I Switzerland I South Africa I Sudan www.ramco.com