Motilal Oswal Approves ₹200 Cr NCD Private Placement

The Finance Committee of

has approved the issuance of Non-Convertible Debentures (NCDs) of up to ₹200 crore on a private placement basis. The proposed fundraising will help the company meet its business requirements and support ongoing growth across its financial services verticals, including broking, wealth management and asset management. The NCDs will be issued in one or more tranches as per the company’s funding needs and prevailing market conditions. This approval provides Motilal Oswal with additional flexibility to raise medium to long-term funds efficiently. The move aligns with the company’s strategy to strengthen its balance sheet and capitalise on opportunities in India’s expanding capital markets and financial services sector. **Top stocks in the financial services / broking industry:** Angel One, IIFL Securities, and 5Paisa Capital.