Motilal Oswal Financial Services Limited — Others, 25-04-2025: Appointment

Motilal Oswal Financial Services has approved its audited financial results for the quarter and year ended March 31, 2025, showing strong performance with a consolidated profit after tax of ₹149,038 crore and earnings per share of ₹25.13. The board reappointed Motilal Oswal as Managing Director and Chief Executive Officer, effective January 18, 2026, and Rajat Rajgarhia was reappointed as Whole-time Director, effective July 31, 2025. The company intends to raise up to ₹3,000 crore via Non-Convertible Debentures and appointed Makarand M. Joshi & Co. as its Secretarial Auditors for five years. The withdrawal of a previously approved Scheme of Arrangement reflects a strategic pivot in response to regulatory considerations. This solidifies the company's governance and operational strategy, potentially enhancing investor confidence and sentiment positively.