Motilal Oswal Financial Services Limited — QIP/Rights/Pref., 19-11-2024: Allotment of Securities

The Finance Committee of Motilal Oswal Financial Services Limited has approved the allotment of 7,04,332 equity shares following the exercise of employee stock options under its ESOP schemes. Specifically, 3,000 shares were allotted from ESOP Scheme VII, 1,59,400 from ESOP Scheme VIII, and 5,41,932 from ESOP Scheme IX. These shares will have the same rights as existing equity shares of the company, impacting the share distribution among employees.