Oracle Financial Services Software approves ₹400 dividend at AGM

Oracle Financial Services Software Limited concluded its 37th Annual General Meeting on July 23, 2026, approving a final dividend of ₹400 per share and the audited financial statements for the financial year ended March 31, 2026. The meeting, chaired by Ms. Jane Murphy, was conducted via video conferencing in compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India regulations.

The Board confirmed the payment of the 1st interim dividend of ₹130 per equity share and the 2nd interim dividend of ₹270 per equity share, already paid, as the final dividend for the financial year. Shareholders also approved the re-appointment of directors Kimberly Woolley and Gopala Ramanan Balasubramaniam, who retire by rotation.

Key Resolutions Passed

The AGM saw the passing of five resolutions, covering ordinary and special business. The company appointed a new leadership team, with Mr. Avadhut Ketkar welcomed as the Managing Director and Chief Executive Officer and Mr. Manish Bhandari as the Chief Financial Officer. The Chairperson placed on record the company's appreciation for the contributions of former Managing Director and CEO Mr. Makarand Padalkar.

Voting Results and Proceedings

Remote e-voting was conducted from July 18, 2026, to July 22, 2026. The Scrutinizer's Report regarding the combined results of remote e-voting and e-voting at the AGM will be communicated to the National Stock Exchange of India Limited and BSE Limited within statutory timelines.

Sr. No.	Details of Resolutions	Type of Resolution
Ordinary Business
1.	To receive, consider and adopt the Audited Financial Statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon.	Ordinary
2.	To confirm the payment of 1st interim dividend of ₹130 per equity share and 2nd interim dividend of ₹270 per equity share, already paid, as the final dividend for the financial year ended March 31, 2026.	Ordinary
3.	To appoint a Director in place of Kimberly Woolley (DIN: 07741017) who retires by rotation and being eligible, offers herself for re-appointment.	Ordinary
4.	To appoint a Director in place of Gopala Ramanan Balasubramaniam (DIN: 02785489) who retires by rotation and being eligible, offers himself for re-appointment.	Ordinary
Special Business
5.	To approve payment of commission to the Directors of the Company (excluding the Managing Director and Whole-time Director), not exceeding in aggregate one percent of the net profits of the Company per financial year for a period of five years commencing from April 1, 2027 to March 31, 2032.	Ordinary

Mr. Simon Walker provided an update on the AI transformation during the proceedings. The meeting concluded at 4:31 p.m. IST.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.07%	-6.73%	+11.42%	+37.31%	+24.52%	+167.62%

Oracle Financial Services Software has issued a formal confirmation stating that the company has no knowledge of media reports or rumors related to a potential sale by its promoter. The disclosure was made in response to the circulation of such speculation in the media.

Company's Official Position

Oracle Financial Services Software clarified that it is not aware of the media rumors concerning any sale by its promoter. The company's statement serves as an official response to address the market speculation that had been making rounds.

Parameter:	Details
Subject:	Media Rumors Regarding Promoter's Sale
Company's Awareness:	Not Aware
Nature of Disclosure:	Confirmation of Lack of Awareness

Context of the Disclosure

Such disclosures are a standard regulatory and corporate governance practice, wherein listed companies are required to respond to market rumors or media reports that may have a bearing on their stock or stakeholder interests. Oracle Financial Services Software's statement is in line with this practice, ensuring transparency with its investors and the broader market.