Oracle Financial Services Software Ltd approves allotment of 89603 equity shares

The ESOP Allotment Committee of Oracle Financial Services Software Ltd at its meeting held on August 25, 2016 allotted 89,603 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, 40,000 shares are allotted to Mr. Chaitanya Kamat, Managing Director & CEO of the Company.

With this allotment, the paid up capital of the Company has increased to Rs. 425,060,100.00 divided into 85,012,020 equity shares of face value of Rs.5/- each.

Shares of ORACLE FINANCIAL SERVICES SOFTWARE LTD. was last trading in BSE at Rs.3633.35 as compared to the previous close of Rs. 3644.3. The total number of shares traded during the day was 3086 in over 446 trades.

The stock hit an intraday high of Rs. 3681.6 and intraday low of 3611.1. The net turnover during the day was Rs. 11250533.

Source : Equity Bulls

Keywords