Oracle Financial Services Software Ltd allots 55338 shares

The ESOP Allotment Committee of Oracle Financial Services Software Ltd, at its meeting held today, has allotted 55,338 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 2011 and OFSS Stock Plan 2014. These shares shall rank pari passu with the existing equity shares of the Company in all respects. In this allotment, 25,500 shares are allotted to Managing Director & Chief Executive Officer of the Company.

With this allotment, the paid up capital of the Company has increased to Rs. 428,604,855/- divided into 85,720,971 equity shares of face value of Rs.5/- each.

Shares of ORACLE FINANCIAL SERVICES SOFTWARE LTD. was last trading in BSE at Rs.4052.1 as compared to the previous close of Rs. 4031.3. The total number of shares traded during the day was 4867 in over 1134 trades.

The stock hit an intraday high of Rs. 4135.25 and intraday low of 3981.6. The net turnover during the day was Rs. 19732393.

Source : Equity Bulls

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