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Ramco Systems climbs as its arm partners with Altron for Ramco Payce
Oct-05-2026

Ramco Systems is currently trading at Rs. 557.55, up by 11.10 points or 2.03% from its previous closing of Rs. 546.45 on the BSE.

The scrip opened at Rs. 522.60 and has touched a high and low of Rs. 561.45 and Rs. 522.60 respectively. So far 1390 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 968.20 on 07-Jul-2026 and a 52 week low of Rs. 342.50 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 580.00 and Rs. 522.60 respectively. The current market cap of the company is Rs. 2096.14 crore.

The promoters holding in the company stood at 55.51%, while Institutions and Non-Institutions held 13.22% and 31.25% respectively.

Ramco Systems’ wholly owned subsidiary -- Ramco Systems FZ-LLC has entered into a partnership with Altron, a South African technology group operating across the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia through Altron Middle East Technologies LLC and Altron Alarabia Company. Under the agreement, Altron will offer Ramco Payce to its enterprise customers. The partnership has strengthened the company’s payroll presence in the UAE and Saudi Arabia.

Under this agreement, Altron will manage implementation, front-line support and commercial terms, while Ramco provides the software, secure cloud hosting and advanced technical support. This combination gives customers a streamlined engagement model, faster on-the-ground support and enterprise-grade payroll technology backed by Ramco’s product expertise, with data residency options in Saudi Arabia to meet local compliance requirements.

Ramco Payce is a payroll management system built by the company. It offers seamless integration with leading HCM providers offering an end-to-end digital payroll solution that can be leveraged as a platform or managed service. With new features around self-service reporting, actionable payroll workspace, and a quick implementation toolkit, Ramco Payce aims to deliver faster and smoother implementations. By leveraging robotic process automation, artificial intelligence, and machine learning, Ramco continues to offer a touchless payroll experience.

Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation.

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