Motilal Oswal Financial Services Limited — QIP/Rights/Pref., 06-08-2025: Allotment of Securities
06-08-2025 | 12:09 pm
06-08-2025 | 12:09 pm
Motilal Oswal Financial Services has allotted 50,000 Secured, Rated, Redeemable, Listed Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of Rs. 0.01 Cr. This successful issuance brings a significant fund infusion of Rs. 500 Cr to the company. Additionally, a premium of Rs. 0.315 Cr was also received. These NCDs are secured by hypothecation of receivables. This strategic capital raise strengthens the company's financial base for future growth initiatives.
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