BSECompany Update29 Sept 2026 · 29 Sept 2026, 02:33 pm
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Oracle Financial Services Software Ltd · 532466
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Oracle Financial Services Software Ltd has received a penalty order from the Income Tax Department under section 271(1)(c) of the Income-tax Act, 1961, for an amount of Rs. 29,253,601 for Assessment Year 2010-11 due to alleged furnishing of inaccurate particulars of income.
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Oracle Financial Services Software Ltd - 532466 - Announcement Under Regulation 30
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Oracle Financial Services Software Limited Oracle Park phone +91 22 6718 3000
Off Western Express Highway fax +91 22 6718 3001
Goregaon (East) oracle.com/financialservices
Mumbai, Maharashtra 400063
India
September 29, 2026
To, To,
Asst. Vice President Asst. General Manager
Listing & Compliance Listing & Compliance
National Stock Exchange of India Limited BSE Ltd.
Exchange Plaza 1st Floor, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex Dalal Street,
Bandra (East) Mumbai 400 001
Mumbai 400 051
Scrip Code – OFSS Scrip Code – 532466 (OFSS)
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform you that the Company has received an order passed by
the Income Tax Department, National Faceless Penalty Centre, the details of which are
provided in Annexure A.
This is for the information of the exchange and the members.
We request you to take note of the above.
Yours sincerely,
For Oracle Financial Services Software Limited
Onkarnath Banerjee
Company Secretary & Compliance Officer
Membership No. ACS8547
Registered Office: Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India
CIN: L72200MH1989PLC053666
Annexure A
Sr. Particulars Details
1. Name of the Authority Income Tax Department, National Faceless
Penalty Centre
2. Nature and details of the The Company has received penalty order from
action(s) taken, initiated or order(s) passed the Income Tax Department under section
271(1)(c) of the Income-tax Act, 1961, imposing
a penalty of Rs. 29,253,601/-for Assessment Year
2010-11 in relation to alleged furnishing of
inaccurate particulars of income.
3. Date of receipt of direction or order, including any September 29, 2026
ad-interim or interim orders, or any other
communication from the authority
4. Details of the violation(s) / contravention(s) Refer point 2 above
committed or alleged to be committed
5. Impact on financial, operation or other activities of Based on the Company’s assessment, the
the listed entity, quantifiable in monetary terms to Company believes that the penalty order is not
the extent possible sustainable and is taking necessary steps to
appeal against the order before the appropriate
Authority. The Company is hopeful of a
favourable outcome at the appellate level.
Accordingly, the Company believes that there
will be no impact on its financials, operations or
other activities due to this order.