Motilal Oswal Financial Services Limited — Important, 31-10-2024: Updates

Motilal Oswal and Raamdeo Agarawal, promoters of Motilal Oswal Financial Services Limited, have transferred 2,12,000 equity shares each to the Motilal Oswal Foundation, totaling 4,24,000 shares (0.071% of total equity) for philanthropic purposes. This aligns with their commitment to donate 10% of the company’s equity share capital towards charitable causes, promoting social responsibility and community impact.