Ramco Systems Gains 9% After Signing MoU With ePlane, Wins 'Leader' Award for Payroll Solutions

Chennai, October 28, 2025 – Ramco Systems Limited shares (NSE: RAMCOSYS, BSE: 532370) appreciated over 9% during Tuesday’s trading session. This was spurred by two key developments: strategic partnership with The ePlane Company and a new ‘Leader’ award for Everest Group’s 2025 APAC Multi-Country Payroll (MCP) Solutions PEAK Matrix® assessment.

MoU with The ePlane Company

Ramco Systems signed a Memorandum of Understanding (MoU) with Chennai-based urban air mobility startup The ePlane Company to deploy Ramco Aviation Software for managing the complete lifecycle of ePlane’s e200X eVTOL aircraft. The collaboration will encompass modules for engineering, maintenance, flight operations, and compliance a move towards operational agility and readiness for commercial launch.

Prof. Satya Chakravarthy, The ePlane Company Founder, said the partnership would provide a scalable tech foundation as the company prepares for certification and commercial flights.

Sam Jacob, EVP & Head Aviation, Aerospace & Defense, Ramco Systems, commented  “Electric air mobility is quickly becoming a reality. Our partnership with ePlane reflects our vision to enable next-gen aviation innovation through tried-and-tested technology and operational flexibility.”

Awards in Payroll Solutions

Besides, Ramco Systems was recognized as a ‘Leader’ for the fourth consecutive year in Everest Group’s 2025 APAC MCP Solutions PEAK Matrix®, for its AI-driven Payce platform and multi-country payroll offerings. Rohit Mathur, Executive VP & SBU Head Global Payroll & HR, said the award validates Ramco’s emphasis on innovation and tech leadership in global payroll.

Market Performance

As of 3:03 pm IST, the stock price of Ramco Systems was ₹642.15, which is up by 9.99%, with a high for the day at ₹642.15. The firm has gained over 120% in the previous year, an affirmation of fresh confidence from investors as a result of consistent tech and strategic achievements.

REF:https://nsearchives.nseindia.com/corporate/RAMCOSYS_27102025113036_27102025PressRelease.pdf

https://nsearchives.nseindia.com/corporate/RAMCOSYS_28102025114102_28102025PressRelease.pdf

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