Oracle Financial Services Software Limited
Kotak Mutual Fund trimmed its stake in Oracle Financial Services Software from 2.91% to 2.45%, selling 3,98,215 shares.
A software services provider serving the financial services industry, Oracle Financial Services develops financial software solutions and custom applications for banking and financial institutions globally. The company offers consulting, IT infrastructure management, and business process outsourcing services to clients across the sector. Based in Mumbai since its incorporation in 1989, it operates as a subsidiary of Oracle Global and serves diverse financial services customers.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.