As per the deal, Ramco will offer engineering solutions that includes aircraft maintenance, maintenance service sales, operational, human resources and financial functions.
Buoyed by development, shares of company rallied as much as 4.98 per cent and touched 52-week high to trade at Rs 220.25 a piece on the BSE.
In a similar fashion, shares of the company advanced 4.99 per cent to Rs 218.85 a piece on National Stock Exchange.
Meanwhile, the broader benchmark Sensex was quoting at 20,981.44, up 34.79 points or 0.17 per cent at 10:00 hours.
Dion Global Solutions Ltd.