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Oracle Financial Services Software LimitedImportant, 19-03-2025: Updates

19-03-2025 · 10:48 am

The ESOP Allotment Committee of Oracle Financial Services Software Limited has approved the allotment of 15,244 equity shares to eligible employees who exercised their stock options under the OFSS Stock Plan 2014. This allotment increases the company's paid-up capital to ₹434.32 crore, divided into 86,863,101 equity shares, each with a face value of ₹5. It's significant to note that no shares were allotted to any Directors. This strategic move reflects the company's commitment to incentivizing employees and enhancing shareholder value. Stakeholders should monitor the potential impact on employee morale and retention as a result of this share allotment.

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