Oracle Financial Services Software Limited
Oracle Financial Services Software Ltd provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry. The company was incorporated in 1989 and is based in Mumbai, India. Oracle Financial Services Software Limited is a subsidiary of Oracle Global (Mauritius) Limited.
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Oracle Financial Services Software issued 7,617 new equity shares (Rs. 5 FV) to employees exercising stock options. This increases the company's paid-up capital to Rs. 43.54 Cr, now comprising 87,083,127 shares. No directors received shares.
Oracle Financial Services Software granted 6,411 stock units & 465 stock options to employees under its plan. This move aims to boost employee retention and align incentives with long-term company performance.
Company appoints Vinay Ketkar as MD & CEO, Manish Bhandari as CFO. FY26 revenue rose 12% to ₹7,670 Cr, net income up 11% to ₹2,640 Cr, boasting 44% operating margins. The company paid ₹400/share in dividends. Strategic focus on AI-first architecture and cloud expansion continues after completing a key strategic...
OFSS has allotted 3,371 new equity shares to employees under its stock option plan. This increases the company's paid-up capital to Rs. 43.54 Cr, comprising 87,075,510 shares.
OFSS's committee granted 6,494 Stock Units and 3,660 Stock Options to an employee under its 2014 Stock Plan. These vest and are exercisable as per the plan, enhancing employee incentives and aligning interests.