NSEGeneral Updates29 Sept 2026 · 29 Sept 2026, 02:34 pm

General Updates

Oracle Financial Services Software Limited · OFSS

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Oracle Financial Services Software Limited 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 for furnishing inaccurate particulars of income.

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Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk8/10
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Liquidity Impact1/10
Market Sentiment5/10

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Oracle Financial Services Software Limited has informed the Exchange about General Updates

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OFSS_29092026143434_IntimationtoSEunderReg30Sept292026.pdf

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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.