ScoutQuest5 Oct 2026
Ramco Systems532370New partnership deal

Wholly owned subsidiary enters partnership with Altron to strengthen payroll presence in UAE and Saudi Arabia

Wholly owned subsidiary Ramco Systems FZ-LLC has entered into a partnership with Altron, which operates in the UAE and Saudi Arabia.

What was announced

Ramco Systems FZ-LLC, a wholly owned subsidiary of Ramco Systems Limited, has entered into a partnership with Altron, a South African technology group that operates in the United Arab Emirates and the Kingdom of Saudi Arabia through Altron Middle East Technologies LLC and Altron Alarabia Company Limited. Under the agreement, Altron will offer Ramco Payce to its enterprise customers.

Who does what

The release states 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. The stated aim is to support companies in both countries as they modernise payroll with Ramco Payce.

Where it applies

Customers in the UAE and Saudi Arabia. The release refers to workforce and payroll requirements such as WPS in the UAE and GOSI and Mudad in Saudi Arabia.

In the companies' words

Craig Cocker, Managing Director, Altron Middle East & Altron Alarabia, said payroll has to be accurate and compliant every cycle, and that adding Ramco Payce lets Altron carry workforce data through to payroll, giving customers one accountable local partner with teams in Dubai and Riyadh. Sandesh Bilagi, Chief Executive Officer, Ramco Systems, said the partnership pairs Ramco's product depth with partners close to customers, combining the reliability of a global payroll platform with the responsiveness of a local team. Rohit Mathur, Executive VP & SBU Head - Global Payroll & HR, Ramco Systems, said payroll regulations in the Gulf continue to evolve and should be absorbed into the pay cycle rather than turned into a separate IT exercise.

Scale of the business mentioned in the release

What to take away

For a retail investor, this is a business development announcement about extending payroll software reach in two Gulf markets through a local partner. It describes the arrangement, the split of responsibilities and the stated benefits for customers. Whether and how quickly it translates into revenue depends on how many enterprise customers Altron onboards under the agreement.

More numbers
  • Customers worldwide using Ramco Payce500+
  • Countries covered by Ramco Payce global payroll150+
  • Customers served globally by Ramco800+
  • Users on Ramco platforms globallytwo million+
  • Years Ramco has been driving innovationover 25 years
Source: BSE · 5 Oct 2026

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