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Oracle Financial Services Software allots 11,960 equity shares

Capital Market 

Under ESOP

Services Software announced that the Board of Directors of the Company at its meeting held today allotted 11,960 equity 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 rank pari passu with the existing equity 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. 426,394,815.00 divided into 85,278,963 equity shares of face value of Rs.5/- each.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 16 2017. 20:21 IST