Oracle Financial Services Software Limited (OFSS) has responded to a news report by moneycontrol.com dated September 21, 2026, concerning Oracle’s alleged $18-billion data centre debt. OFSS stated it is a separate entity and has no knowledge of these developments or any negotiations related to Oracle’s data centers. The company also affirmed its compliance with disclosure norms and confirmed no material price-sensitive information requires disclosure beyond what has already been disseminated.
Clarification on Market Rumor
Oracle Financial Services Software Limited (OFSS) has issued a clarification regarding a news item published on www.moneycontrol.com on September 21, 2026. The report, titled “OFSS shares fall 6.5% as report says Oracle’s $18-billion data centre debt under pressure,” had raised questions about potential impacts on the company.
OFSS’s Response
In its response, OFSS stated, “We wish to clarify that OFSS is a subsidiary of Oracle, and it is a separate entity altogether. We do not have any knowledge of developments with regards to Oracle’s data centre mentioned in the referenced article.” The company also addressed inquiries about whether such negotiations were taking place, confirming they had no information regarding them.
Stock Trading and Disclosure
Regarding the movement in its share price, OFSS commented, “Considering that the shares of the Company are freely traded on the stock exchanges, the Company will not be in a position to comment on the movement in its share price.” The company reiterated its commitment to promptly intimating stock exchanges regarding all events and disclosures that bear on its operations and performance, in accordance with applicable regulations. OFSS confirmed that as of the date of the letter, there is no material price-sensitive information that warrants specific disclosure beyond public dissemination.
Regulatory and Legal Proceedings
When asked about any ongoing regulatory or legal proceedings, the company responded, “There are no regulatory/legal proceedings in relation to the Company as on date.”
The company stated that this intimation would also be published on its website.
Source: BSE
