OFSS 37th AGM: New CEO Ketkar appointed, Rs 400/share dividend confirmed

Board & Shareholder Meetings View source PDF

OFSS · price

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AI summary

Oracle Financial Services (OFSS) held its 37th AGM on July 23, 2026 via video conferencing. Leadership change: Mr. Avadhut Ketkar is new MD and CEO replacing Mr. Makarand Padalkar; Mr. Manish Bhandari is new CFO. AI transformation update shared. Dividend of Rs 400 per share (two interim dividends of Rs 130 and Rs 270) confirmed as final for FY26. Five resolutions passed including director re-appointments and commission up to 1 percent of net profits for 5 years from FY28.

Likely market impact

New CEO and CFO at OFSS; strong Rs 400/share total dividend signals healthy cash flow; routine AGM outcomes.