Oracle FS Clarifies News on Potential Stake Sale

Oracle Financial Services Software Ltd. has issued a clarification regarding a news item suggesting Oracle Corp may sell a stake in the company. The company stated it has not received any communication on the matter and has no knowledge of such developments, adhering to its policy of not commenting on market speculations. This clarification follows a significant price movement in its stock and the recent announcement of Q1 FY27 results and management changes, including the elevation of Avadhut Ketkar as MD & CEO.