Motilal Oswal Financial Services Limited — JV/Acquisition, 25-09-2025: Acquisition

Motilal Oswal Financial Services' wholly-owned subsidiary has acquired 1,69,018 Compulsorily Convertible Preference Shares in IL JIN Electronics (India) Private Limited for approximately ₹110 Crore. IL JIN is a player in the Electronics Manufacturing Services (EMS) sector, specializing in Printed Circuit Boards (PCBs) and Assemblies. This move is a treasury investment by MOFSL, targeting sustainable, long-term returns. IL JIN reported a turnover of ₹1,460.01 Cr in FY25, highlighting its growth within the EMS space as MOFSL seeks financial upside.