Board of Ramco Systems approves change in directorate

At meeting held on 04 June 2017

Ramco Systems announced that the Board of Directors of the Company at its meeting held on 04 June 2017 transacted the following -

1. P.R.Venketrama Raja has been appointed as the Chairman of the Board.

2. P.R. Venketrama Raja has relinquished the post of Managing Director with effect from the closing hours of 3rd June 2017. However, he will continue to be a member of the Board.

3. The Board of Directors have co-opted P.V.Abinav Ramasubramaniam Raja as an Additional Director.

4. The Board of Directors have appointed P.V.Abinav Ramasubramaniam Raja as Manager under Sec.203(3) of the Companies Act, 2013 and designated as Whole Time Director for a period of five years starting from 4 June 2017. The appointment is subject to the approval of the Shareholders at the forthcoming Annual General Meeting, by way of Special Resolution.we also attach a brief profile of P.V.Abinav Ramasubramaniam Raja.

5. The Board of Directors have decided to convene the 20th Annual General Meeting of the Company on Friday, the 4 August 2017.

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