Oracle Corporation

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Oracle Financial Services ESOP Allotment 7,617 Shares - news.tulsian.ai

AI-generated analysis

📈 Oracle Financial Services has allotted 7,617 equity shares under its ESOP scheme to eligible employees.

💰 The face value of each newly allotted share is ₹5, contributing to a total paid-up capital of ₹435,415,635.

📊 Post-allotment, the company's total number of equity shares stands at 87,083,127.

🗓️ The Board of Directors approved this ESOP allotment on August 19, 2026.

👥 The newly issued shares rank pari passu with existing equity shares in all respects.

🚫 No shares were allotted to the Directors of the Company during this specific allotment.

📝 The allotment falls under the OFSS Stock Plan 2014.

🌐 An intimation regarding this allotment will be published on the company's official website.

✍️ The announcement was signed by Onkarnath Banerjee, Company Secretary & Compliance Officer.

Bullish Signals
  • Oracle Financial Services completed an ESOP allotment of 7,617 shares to eligible employees under the OFSS Stock Plan 2014, approved by the Board of Directors on August 19, 2026.
  • The allotment increased the company's total paid-up capital to ₹435,415,635 and raised the total number of equity shares to 87,083,127, reflecting active employee retention and ownership incentives.
Full Analysis
Oracle Financial Services has announced the allotment of 7,617 equity shares under its Employee Stock Ownership Plan (ESOP). The allotment was approved by the ESOP Allotment Committee of the Board of Directors on August 19, 2026. These shares are part of the OFSS Stock Plan 2014 and were allotted to eligible employees of the company, with no shares issued to any directors. The financial details of this allotment indicate that each share has a face value of ₹5. Following this transaction, the total paid-up capital of Oracle Financial Services stands at ₹435,415,635, comprising 87,083,127 equity shares. The newly allotted shares rank pari passu with existing equity shares in all respects. This move reflects the company's ongoing commitment to its workforce through equity incentives within the IT Services & Consulting sector. The announcement was signed by Onkarnath Banerjee, the Company Secretary and Compliance Officer (Membership No. ACS8547), and will be published on the company's official website. The document is sourced from BSE announcements, confirming the regulatory filing status of this capital structure adjustment.