16-Sept-2026 18:56:20
MOTILAL OSWAL FINANCIAL SERVICES LTD : INDIA RATINGS UPGRADES LONG-TERM RATING TO AA+
• India Ratings and Research has upgraded the long-term credit rating of the company and its key subsidiaries to 'IND AA+' with a Stable Outlook, from 'IND AA' with a Positive Outlook. • The upgrade applies to non-convertible debentures and bank loan facilities of MOFSL and Motilal Oswal Home Finance Limited, and to NCDs of Motilal Oswal Finvest Limited. • India Ratings has also affirmed the 'IND A1+' rating on the commercial paper programmes of MOFSL, MOFL and Motilal Oswal Wealth Limited. • The upgrade reflects a stronger business profile, driven by the continued scale-up of its asset management and private wealth businesses, rising recurring fee-based revenue, and sustained profitability growth visibility. • Motilal Oswal Financial Services Limited's net worth has grown to over ₹14,400 crore. • The company is now rated AA+ from all three leading rating agencies in India.
Motilal Oswal Financial Services Ltd
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