Oracle Financial Services Software announced that the ESOP allotment committee has allotted 3,410 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 2002, Employee Stock Option Scheme 2010 and Employee Stock Option Scheme 2011.
These shares are pari passu with the existing equity shares of the company, in all respects. In this allotment, no shares are allotted to directors.
With this allotment, the paid up capital of the company increased to Rs 420,754,520 divided into 84,150,904 equity shares of face value of Rs 5 each.
Shares of the company gained Rs 6.35, or 0.22%, to settle at Rs 2,957.85. The total volume of shares traded was 2,819 at the BSE (Wednesday).