Announced Thu, 23 Jul · 15:05 IST
Clarification on media report about parent Oracle Corp stake sale
Regulatory & Legal View source PDF
OFSS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹10790.00
prior close
₹10829.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.2+0.1—-1.8+2.9————————
Up moveDown movePending
AI summary
OFSS stock breached the 3% material price movement band after a CNBC TV18 news item suggested parent Oracle Corp may sell a slice of OFSS. Company clarifies it has no knowledge of any such developments and received no communication from the media house. Adds that Q1 FY27 results were published on July 22 and CFO Avadhut Ketkar will replace Makarand Padalkar as MD and CEO.
Likely market impact
Stock moved on rumored parent stake sale but company denies knowledge. Volatility may persist until clarity emerges from Oracle Corp.