Allotment of 3,811 equity shares pursuant to the OFSS Stock Plan, 2014.
Awaiting price reaction for this filing.
Oracle Financial Services Software (OFSS) has allotted 3,811 equity shares to eligible employees who exercised their stock options under the OFSS Stock Plan 2014. The shares have a face value of Rs. 5 each and were approved by the ESOP Allotment Committee on June 18, 2025. No shares were allotted to any Directors of the company. With this allotment, the company's paid-up equity capital has risen to Rs. 43.45 crore, divided into 8.69 crore equity shares. The new shares will rank equally with existing shares in all respects.
This is a routine, very small ESOP allotment with negligible dilution (3,811 shares against 8.69 crore total), so there is no meaningful impact on existing shareholders. It reflects normal employee incentive plan execution and is positive for employee retention and motivation.