Motilal Oswal Financial Services Limited — Others, 23-06-2025: Shareholders meeting

Motilal Oswal Financial Services Limited has announced a board meeting to consider and approve the financial results for the quarter and half-year. The company reported consolidated revenue of ₹8,417 Cr, a 17% increase YoY, with a profit after tax of ₹2,508 Cr, up 3%. Their standalone net profit stood at ₹1,391 Cr. Key businesses showed strong performance: Wealth Management AUM grew 32% to ₹2.3 Lakh Cr, Asset & Private Wealth Management AUM rose 16% to ₹1.44 Lakh Cr, and AMC AUM increased 72% to ₹1.23 Lakh Cr. Housing Finance delivered a PAT of ₹130 Cr with a 20% AUM growth and maintained strong asset quality. The treasury book rose by 26% to ₹7,730 Cr, earning a 17.9% XIRR since inception. The Board approved a bonus share issue in the 3:1 ratio, issuing over 44.7 Cr shares. Credit ratings were upgraded to AA with positive outlook by all major agencies. The board approved the re-appointment of Managing Director & CEO, Mr. Motilal Oswal, and Whole-time Director, Mr. Rajat Rajgarhia, for five-year terms. The company also appointed a new Secretarial Auditor for five years. An increase in the limit for loans, guarantees, and investments to ₹20,000 Cr was approved. No material legal or regulatory issues were reported, and a fraud case involving employee misconduct was reported and is being investigated. The company maintains robust ESG initiatives, with extensive disclosures on sustainability, social, and governance practices, including strong employee engagement, environmental stewardship, and community development through the Motilal Oswal Foundation. The Annual General Meeting is scheduled via video conference, and shareholders are encouraged to participate and vote electronically.