Oracle Financial Services authorizes KMPs for materiality determination
Oracle Financial Services Software has authorized Mr. Avadhut Ketkar, Managing Director and CEO, and Mr. Manish Bhandari, CFO, to determine the materiality of events or information effective July 24, 2026, under SEBI regulations. Mr. Onkarnath Banerjee, Company Secretary & Compliance Officer, is the designated single point of contact for this purpose.

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Oracle Financial Services Software has designated its Managing Director and Chief Executive Officer, Mr. Avadhut Ketkar, and Chief Financial Officer, Mr. Manish Bhandari, as the Key Managerial Personnel (KMPs) authorized to determine the materiality of events or information, effective July 24, 2026. This disclosure was made pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also designated Mr. Onkarnath Banerjee, Company Secretary & Compliance Officer, as the single point of contact for these matters.
Key Managerial Personnel Authorized for Materiality
The following executives have been authorized to determine the materiality of events or information:
| Sr. No. | Name | Designation |
|---|---|---|
| 1. | Avadhut Ketkar | Managing Director and Chief Executive Officer |
| 2. | Manish Bhandari | Chief Financial Officer |
Single Point of Contact
Mr. Onkarnath Banerjee serves as the Company Secretary & Compliance Officer for Oracle Financial Services Software Limited. He is based at Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai 400 063, and can be reached at +91 22 6718 3000 or via email at investors-vp-ofss_in_grp@oracle.com .
Historical Stock Returns for Oracle Financial Services Software
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.22% | -2.88% | -2.78% | +68.84% | +34.14% | +144.47% |
How will this new materiality framework impact the frequency and timing of the company's future disclosures?
What criteria will the designated KMPs prioritize when assessing the materiality of upcoming corporate events?
Could this shift in internal governance signal potential changes in Oracle Financial Services' strategic reporting or compliance approach?


































