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Outcome of Committee Meeting

| Updated on April 27, 2015 Published on April 27, 2015

Ramco Systems Ltd has informed BSE that subsequent to the approval of the Fund Raising Committee ("the Committee") of the Company on April 22, 2015 for opening the issue and approving the preliminary placement documents, the Committee in its meeting held on April 27, 2015, inter alia, has passed the following resolutions;

1. Approved the closure of the QIP on April 27, 2015.

2. Approved the issue price of Rs. 635.00 per equity share, which is at a discount of 4.94% to the floor price of Rs. 668.03 per equity share, for the equity shares to be allotted to eligible qualified institutional buyers in the QIP.

3. Approved and adopted placement document dated April 27, 2015 in connection with the QIP.

Pdf Link: Outcome of Committee Meeting

Source : BSE - www.bseindia.com

Published on April 27, 2015
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