Oracle Financial Services Software Limited announced that Mr. Chaitanya Kamat, Managing Director of the Company, has decided to retire and has tendered his resignation which will be effective from close of business hours of October 4, 2023. Consequently, he shall also cease to be the Chairperson of the Business Responsibility Committee and Member of Corporate Social Responsibility Committee, Stakeholders' Relationship Committee and Risk Management Committee from that date. The Board of Directors of the Company has accepted his resignation in its meeting held on September 4, 2023 and placed on record its appreciation for the contributions made by Mr. Kamat during his tenure with the Company.