Oracle Financial Services allots 1800 shares on exercise of stock options

The ESOP Allotment Committee of Oracle Financial Services Software Ltd at its meeting held on April 19, 2011, has allotted 1,800 equity shares of face value of Rs.5/- each to an eligible employees of the Company who exercised their stock options under the Employee Stock Option Scheme, 2002. These shares are pari pasu with the existing equity shares of the Company, in all respects.

With this allotment, the paid up capital of the Company increased to Rs.419,483,010/- divided into 83,896,602 equity shares of face value of Rs.5/- each.

The stock was trading at Rs.2003.60, down by Rs.7.30 or 0.36%. The stock hit an intraday high of Rs.2028 and low of Rs.1994.70.

The total traded quantity was 1218 compared to 2 week average of 4979.

Source : Equity Bulls

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