BSEOthers6d ago · 23 Jul 2026, 03:05 pm
Please find enclosed the clarification letter.
Oracle Financial Services Software Ltd · 532466
✦ AI SummaryRegulatory
Oracle Financial Services Software Ltd clarifies on news and material price movement, denies any event prior to a news item that required disclosure, and provides information on the company's Q1 FY27 results and recent management changes.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment5/10
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Oracle Financial Services Software Ltd - 532466 - Rumour verification - Regulation 30(11)
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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
July 23, 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: Clarification on News and Material Price Movement
Dear Sir,
We would like to bring to your attention that Oracle Financial Services Software Limited stock
price breached the material price movement price band of 3% today.
Further, a news item published on “CNBC TV18, CNBC Awaaz, CNBC Bajar’ dated July 23,
2026 captioned “CNBC - TV18 Exclusive, Oracle Corp may look to sell a slice of Oracle
Financial Services Software Ltd.”, has come to our attention.
We confirm that there was no event prior to the publication of captioned news item, which
required the Company to disclose any information to the Stock Exchanges in respect of the
captioned news item, pursuant to Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (‘the SEBI Listing Regulations’).
1. News items mentions that media house had written to us for a response. We wish to
clarify that we have not received any communication on the standard investor
relation email ID.
2. We further wish to clarify that we do not have any knowledge of such developments.
3. It is the Company a Company policy not to comment on market speculations.
Further, Oracle Financial Services Software Ltd. has published its Q1 FY27 results on July 22,
2026 and the same has been duly notified to the exchanges yesterday. Also, in the same
notification to the exchanges dated July 22, 2026, the Company has also notified regarding
the resignation of long-serving MD & CEO Makarand Padalkar and CFO Avadhut Ketkar,
being elevated as the new Managing Director and CEO.
Registered Office: Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India
CIN: L72200MH1989PLC053666
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