Ramco Systems Ltd — Regulatory Filings 2021

Apr 23, 2021

ril 23, 2021
National Stock Exchange of India Ltd	Corporate Relationship Department
ExchangePlaza, 5th Floor	BSE Limited
PlotNo:C/1, UBlock	PhirozeJeejheebhoyTowers
BandraKurlaComplex,Bandra(E)	Dalal Street, Mumbai-400 001
Mumbai - 400051	Scrip: 532370
Scrip: RAMCOSYS

The details as required under Regulation 30 ofSEBI (Listing ObligationCircularCIRJCFD/CMD/4/2015 dated September 9, 2015 areasfollows:	s and Disclosure Requirements) Regulations, 2015 read with S
Nameofthetargetentity, details inbriefsuch as size, turnoveretc.	(i)Name: MIs. Ramco SoftwareJapanLimited
	(ii)Turnover: Nil (Yettocommence business operations)
Whether the acquisition would fall within related party transaction(s)	No.
and whetherthe promoter/ promotergroup/group companies have any	Sincethis is acaseofincorporationofaWOS, providing
interestintheentitybeingacquired?Ifyes, natureofinterestanddetails	detailsofAquisition does notarise.
thereofandwhetherthesame isdone at"arm's length".	HoweverRamco SoftwareJapanLimitedestablished as
	100%WOSofRamco SystemsLimited, Indiawouldbea
	RelatedPartyTransactionwhich isdone atarms length.
Industrytowhich theentitybeingacquiredbelongs	InformationTechnology
Objects and effects of acquisition (including but not limited to,	To carryonthebusinessoperations inJapan
disclosure ofreasons for acquisition oftarget entity, ifits business is
outsidethe main lineofbusiness ofthe listed entity)
Briefdetails ofany governmental or regulatory approvals required for	The said investment will be under the Automatic Route of
theacquisition	Foregin Exchange Management Act, 1999 and Regulations
	framed thereunder andsubjectto necessary regulatory
	approvals in respectiveoverseasjurisdiction.
Indicative timeperiodforcompletionoftheacquisition	NA
Natureofconsideration - whethercashconsiderationorshareswapand	Cash
details_ofthe_same
Costofacquisitionortheprice atwhichthe sharesare acquired	NoexistingCompanyisacquired. TheCapitalStructureofthe
	WOS isas follows:
	Authorized Capital : JPY 10Million
	Paidup Capital: JPY 9.5 Million
Percentageofshareholding/control acquiredand/ornumberofshares	100%.
acquired
Briefbackground aboutthe entity acquired interms ofproducts/line of	MIs. Ramco Software Japan Limited has been established in
businessacquired,dateofincorporation,historyoflast3yearsturnover,	JapanasawhollyownedsubsidiaryoftheCompanyandisyet
country in which the acquired entity has presence and any other	to commence its businessoperations.
significantinformation(inbrief)
We requestyou to kindlytaketheaboveonrecord.