BSECompany Update1 Oct 2026 · 1 Oct 2026, 12:42 pm

Pursuant to Regulation 30, Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 read with SEBI Master Circular dated January 30, 2026, we wish to update that we have received the "Final Decision" from the Commissioner of Internal Revenue, Philippines.

Ramco Systems Ltd · 532370

✦ AI SummaryLitigation

Ramco Systems Ltd has received the 'Final Decision' from the Commissioner of Internal Revenue, Philippines, dropping almost all major demands with a final demand for PHP 3 Mln (approximately Rs.4.60 Mln.) including compromise penalty of PHP 20,000 (approximately Rs.0.03 Mln.).

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Ramco Systems Ltd - 532370 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations') Ref: Our Intimation Dated September 11, 2025

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October 01, 2026 National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, 5th Floor Corporate Relationship Department Plot No:C/1, G Block Phiroze Jeejheebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400 001 Mumbai – 400 051 Scrip: 532370 Scrip: RAMCOSYS Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Ref: Our intimation dated September 11, 2025 Pursuant to Regulation 30, Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026, we wish to update that we have received the ‘Final Decision’ from the Commissioner of Internal Revenue, Philippines. The details are enclosed in the Annexure. The aforesaid intimation is also being hosted on the website of the Company www.ramco.com. Kindly take the same on record. Yours sincerely, For RAMCO SYSTEMS LIMITED MITHUN V COMPANY SECRETARY & COMPLIANCE OFFICER Encl.: As above Ramco Systems Limited Corporate Office: 64, Sardar Patel Road, Taramani, Chennai 600 113, Tamilnadu, India. Tel: +91 44 2235 4510 / 6653 4000, Fax: +91 44 2235 5704│CIN : L72300TN1997PLC037550 Registered Office: 47, P.S.K. Nagar, Rajapalayam 626 108, Tamilnadu, India. Global Offices: India│Singapore│ Malaysia│Indonesia│Hong Kong│China│Vietnam│Macau│Japan│Philippines│Australia│ New Zealand│UAE│Saudi Arabia│USA│Canada│United Kingdom│Germany│Switzerland│Spain│Sudan│South Africa www.ramco.com Annexure to letter dated October 01, 2026 Sl. Disclosure requirement Details 1 Brief details of litigation viz. names of the Ramco System Inc., Philippines ("RSI") a opposing party, court / tribunal / agency 100% subsidiary of Ramco Systems Limited, where litigation is filed, brief details of India had received on 10th September 2025 a dispute litigation. final assessment notice / formal letter of demand (FAN/FLD) from the Commissioner of Internal Revenue ("CIR") dated 29th August 2025, relating to the Financial Year 2022-23, demanding PHP 72.40 Mln. (approximately Rs.112.00 Mln.), consisting of Income Tax, Value Added Tax, Expanded Withholding Tax, Withholding Tax on Compensation, Final Withholding Tax, Final Withholding of Value- Added Tax, Documentary Stamp Tax and Interest. There was also a demand for Compromise penalty of PHP 45,000 (approximately Rs.0.07 Mln.) RSI filed an administrative protest against the claim. Based on our representation and discussions, we have received on 30th September 2026, the ‘Final Decision’ dated 29th September 2026 from the Commissioner of Internal Revenue, dropping almost all major demands, with a final demand for PHP 3 Mln. (approximately Rs.4.60 Mln.) including compromise penalty of PHP 20,000 (approximately Rs.0.03 Mln.) as against the o riginal demand mentioned above. 2 Expected financial implications, if any, due Based on the Final decision, RSI has paid the to compensation, penalty etc. demand of PHP 3 Mln (approximately Rs.4.6 Mln.) on 30th September 2026 and this matter has now been settled. 3 Quantum of claims, if any. Refer above. Ramco Systems Limited Corporate Office: 64, Sardar Patel Road, Taramani, Chennai 600 113, Tamilnadu, India. Tel: +91 44 2235 4510 / 6653 4000, Fax: +91 44 2235 5704│CIN : L72300TN1997PLC037550 Registered Office: 47, P.S.K. Nagar, Rajapalayam 626 108, Tamilnadu, India. Global Offices: India│Singapore│ Malaysia│Indonesia│Hong Kong│China│Vietnam│Macau│Japan│Philippines│Australia│ New Zealand│UAE│Saudi Arabia│USA│Canada│United Kingdom│Germany│Switzerland│Spain│Sudan│South Africa www.ramco.com