Oracle Financial Services Software Limited Allots 12,381 Shares to Employees Under ESOP Scheme
Oracle Financial Services Software Limited announced that its Board of Directors' ESOP Allotment Committee approved the allotment of equity shares to eligible employees. The allotment, which took place on April 29, 2026, relates to employees who exercised their stock options under the OFSS Stock Plan 2014.The company allotted 12,381 equity shares, each with a face value of Rs. 5/-. The shares are stated to rank pari passu with the existing equity shares of the company in all respects. The company noted that no shares were allotted to any Directors in this specific allotment.
The paid up capital of Oracle Financial Services Software Limited saw an increase following this allotment. The updated capital structure is detailed as follows:
| Metric | Value |
|---|---|
| Increased Paid Up Capital | Rs. 435,312,250 |
| Total Equity Shares | 87,062,450 |
| Face Value per Share | Rs. 5/- |
This allotment pertains to the execution of employee stock options under the company’s established plan.
OFSS Stock Price Movement
Shares of Oracle Financial Services Software Limited are rallying strongly as of 10:49 AM, edging up 1.93% in live trading to ₹9,754.5. The momentum is driven by heavy buying, with the stock recording a volume of 214,483 shares traded so far in the market session.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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