Motilal Oswal Financial Services Limited — Others, 25-04-2025: Change in Auditors

Motilal Oswal Financial Services has announced a board meeting where it approved the audited financial results for the quarter and year ended March 31, 2025, showing a consolidated total revenue from operations of ₹1,48,696 crore and a net profit of ₹1,20,995 crore. The board has re-appointed Mr. Motilal Oswal as Managing Director, effective January 18, 2026, and Mr. Rajat Rajgarhia as Whole-time Director, effective July 31, 2025, both subject to shareholder approval. Additionally, Mr. Vighnesh Mehta and Mr. Sanchit Suneja have been designated as Senior Management Personnel. The board also approved the issuance of Non-Convertible Debentures (NCDs) up to ₹3,000 crore. This strategic alignment and strong financial performance may boost investor confidence while showcasing management continuity.