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Oracle Financial Services Software allots 1.31 lakh equity shares

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Capital Market
Last Updated : Jul 31 2018 | 11:17 AM IST

Under ESOS

Oracle Financial Services Software has allotted 131,687 equity shares of face value of Rs.5/- each to the eligible Employees of the Company who have exercised their stock options under the Employee Stock Option Scheme 2010, Employee Stock Option Scheme 2011 and OFSS Stock Plan 2014. These shares shall rank pari passu with the existing equity shares of the Company in all respects. In this allotment, 92,750 shares are allotted to the Managing Director and Chief Executive Officer of the Company.

With this allotment, the paid up capital of the Company has increased to Rs. 428,187,120/- divided into 85,637,424 equity shares of face value of Rs.5/- each.

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First Published: Jul 31 2018 | 10:50 AM IST

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