Motilal Oswal Financial Services Limited — Others, 13-12-2024: Statement of value for Debt Service Reserve Account or any other form of security offered

Motilal Oswal Financial Services Limited has verified a pool of receivables amounting to ₹6,154.44 crore to be hypothecated in favor of Beacon Trusteeship Limited, associated with its non-convertible debentures. The company reports that ₹2,225 crore of these receivables are unencumbered, indicating solid asset backing. As of September 30, 2024, total outstanding debentures stand at ₹1,198.40 crore, with available cash and equivalents at ₹6,157.24 crore. This strong security cover (1.25 times) suggests financial stability and may positively influence investor sentiment, as it reflects robust collateral against existing debts.