Oracle Financial Services Software Limited has announced the resignation of Mr. Harinderjit Singh from its Board of Directors, effective January 22, 2026. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, through a formal communication dated January 5, 2026.

Director Resignation Details

Mr. Harinderjit Singh, who serves as a Non-Executive, Non-Independent Director with DIN 06628566, tendered his resignation citing other professional and personal commitments. The resignation will result in his cessation from multiple roles within the company's governance structure.

Committee Memberships Impact

The resignation will have broader implications for the company's committee structure. Mr. Singh's departure will affect two key committees where he currently serves as a member.

The director will cease to be a member of:

• Nomination & Remuneration Committee
• Corporate Social Responsibility Committee

Both cessations will take effect from January 22, 2026, coinciding with his resignation from the Board of Directors.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both major stock exchanges where its shares are listed. The notification was sent to the National Stock Exchange of India Limited (scrip code OFSS) and BSE Limited (scrip code 532466).

The disclosure was made pursuant to Regulation 30 of SEBI regulations and includes compliance with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Company Secretary & Compliance Officer Onkarnath Banerjee signed the regulatory filing on behalf of Oracle Financial Services Software Limited.

Resignation Letter Acknowledgment

In his resignation letter addressed to the Board of Directors, Mr. Singh expressed gratitude for the cooperation extended during his tenure. He thanked his colleagues on the Board and wished the company success in its future endeavors. The resignation letter was submitted as part of the regulatory disclosure documentation to ensure complete transparency with stakeholders.

Oracle Financial Services Software Limited (OFSS) has expanded its share capital through an Employee Stock Option Plan (ESOP) allotment. The company's ESOP Allotment Committee approved the issuance of new equity shares to eligible employees on December 17, 2025, marking a significant corporate action.

Latest ESOP Allotment Details

The company has provided updated information regarding its recent share allotment:

Updated Capital Structure

The allotment of these new shares has resulted in changes to OFSS's capital structure:

Share Rights and Employee Benefits

The newly issued shares will rank pari passu with the existing equity shares of the company in all respects. This ESOP allotment is part of Oracle Financial Services Software's employee incentive program under the OFSS Stock Plan 2014, designed to align employee interests with those of the company and its shareholders.

Regulatory Compliance and Transparency

In compliance with regulatory requirements, OFSS has informed both the National Stock Exchange of India Limited and BSE Ltd. about this allotment. The company has also stated that this information will be published on its official website, ensuring transparency for all stakeholders.

The allotment reflects Oracle Financial Services Software's commitment to employee retention and motivation through equity participation, fostering a sense of ownership among employees while potentially contributing to long-term company growth and stability.