Oracle Financial Services Software Limited has granted 104 stock options under the OFSS Stock Plan 2014 to its employees. The grant was approved by the Nomination and Remuneration Committee of the Board of Directors on February 2, 2026. The granted options, named OFSS Stock Units (OSUs), will vest according to the plan’s schedule and can be exercised over a defined period.
Stock Option Grant Details
On February 2, 2026, the Nomination and Remuneration Committee of Oracle Financial Services Software Limited’s Board of Directors approved a grant of stock options to employees. The announcement specifies the granting of 104 stock options to employees under the company’s existing OFSS Stock Plan 2014.
OFSS Stock Units (OSUs)
The stock options being granted are officially designated as OFSS Stock Units (OSUs) under the guidelines of the OFSS Stock Plan 2014. The vested OSUs allow eligible employees to purchase company shares, subject to the vesting schedule outlined in the stock option plan.
Vesting and Exercise
The granted OSUs have a vesting schedule, and the employees will be eligible to exercise their options within a period as defined by the plan. The company will also publish the intimation on its website for reference.
Source: BSE