Under ESOP
Oracle Financial Services Software announced that the ESOP Allotment Committee of the Company at its meeting held on 28 December 2016 allotted 23,648 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 rank pari passu with the existing equity shares of the Company in all respects. In this allotment, no shares are allotted to Directors of the Company.With this allotment, the paid up capital of the Company has increased to Rs. 425,264,245.00 divided into 85,052,849 equity shares of face value of Rs. 5/- each.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content