The board of Oracle Financial Services Software has allotted 17,500 equity shares of face value of Rs. 5/- each to eligible employees of the Company who exercised their stock options under the Employee Stock Option Scheme. With this allotment, the paid up capital of the Company increased to Rs. 418,944,430 divided into 63,768,886 equity shares of Rs. 5/- each.
This was allotted at the board meeting held on 30 October 2009.