Oracle Financial Services Software Announces ESOP Allotment, Boosting Paid-Up Capital to Rs. 435,321,645
Oracle Financial Services Software Limited announced on May 20, 2026, the successful allotment of Employee Stock Option Plan (ESOP) shares to its eligible employees. The allotment was approved by the company's ESOP Allotment Committee of the Board of Directors.Under the OFSS Stock Plan 2014, the company allotted 1,879 equity shares, each with a face value of Rs. 5. The shares were granted to eligible employees who exercised their stock options. The company noted that no shares were allotted to the Directors of Oracle Financial Services Software Limited during this tranche.
The equity shares allotted under this plan are stated to rank pari passu with the existing equity shares of the company in all respects.
The allotment significantly impacted the company's capital structure. With the increase, the paid up capital of Oracle Financial Services Software Limited reached Rs. 435,321,645. This total paid up capital is divided across 87,064,329 equity shares, each having a face value of Rs. 5.
OFSS Stock Price Movement
Shares of Oracle Financial Services Software Limited are edging higher to ₹9783.5 as of 11:55 AM today, rallying 1.43% on the trading day. Fueled by strong buying interest, the equity continues its ascent, currently hitting its 52-week high, while trading on a volume of 187,013 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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