24-Sept-2026 11:10:54
MOTILALOFSGeneral news
MOTILAL OSWAL FINANCIAL SERVICES LTD : FUND RAISING BY WAY OF ISSUANCE OF NON-CONVERTIBLE DEBENTURES
• Finance Committee approved issuance of up to 90,000 Fully paid, Secured, Rated, Redeemable, Listed, Senior Bonds in the nature of Non-Convertible Debentures (“NCDs”) • Face value of Rs. 1,00,000/- each for an amount up to Rs. 900 Crore on Private Placement Basis • NCDs are proposed to be listed on National Stock Exchange of India Limited (“NSE”) • Tenure – 3 Years and 26 days • The principal amount and interest shall be secured by a first ranking pari passu charge by way of hypothecation on all present and future Receivables of the Company Impact: Neutral (Corporate action to raise funds via NCD issuance)
Motilal Oswal Financial Services Limited
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