Ramco Systems signs up an agreement with NOMAC to modernise payroll operations

NOMAC will be unifying its payroll operations in 11+ countries across Middle East & Africa covering 2,600+ employees, the company said.

Oct 27, 2020 12:10 IST India Infoline News Service

Ramco System
Ramco Systems has intimated the exchanges on Tuesday that the company has signed up an agreement with NOMAC.

NOMAC provides high quality Operation & Maintenance (O&M) services for production of electricity and desalinated water worldwide.

Through the execution of the agreement, NOMAC will be modernizing and transforming its multi-country Payroll operations on Ramco’s Global Payroll platform.

NOMAC will be unifying its payroll operations in 11+ countries across Middle East & Africa covering 2,600+ employees, the company said.
Ramco Systems Ltd was trading at Rs476.95, per piece up by Rs4.45 or 0.94% from its previous closing of Rs472.50 on the BSE, at 12:23 pm.
The scrip opened at Rs469.05 and has touched the day's high and low of Rs478.90 and Rs460.55 respectively.

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