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MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - ICRA Rating Upgraded To 'AA-/Stable' From A+/Stable Of Motilal Oswal Home Finance Limited, A Material Subsidiary Of The Company

We are pleased to inform the Exchange that ICRA Limited ('ICRA') has upgraded the credit rating on long term debt instruments of Motilal Oswal Home Finance Limited ('MOHFL') , a material subsidiary of the company to 'ICRA AA-/Stable' from 'ICRA A+/Stable'. Further, ICRA has also reaffirmed the Credit Rating of 'ICRA AA/Stable' on long term debt instruments of the Company. The ratings takes into account MOHFL's healthy capitalisation profile and the improvement in its profitability. Further, MOHFL has been able to diversify its liabilities profile (with the addition of new lenders and instruments) and reduce the average cost of funds. The revision of the rating also factors in the healthy performance of the core operations of the Motilal Oswal Group, with a record performance in FY2021. The credit rating upgraded by ICRA of MOHFL to 'AA-/Stable' is effected in the attached letter. Kindly take the same on record.
09-08-2021
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MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Certificate On Utilisation Of Proceeds Of Commercial Paper(S) And Adherence To Listing Conditions

Pursuant to Securities and Exchange Board of India (SEBI) Circular no. SEBI/HO/DDHS/DDHS/CIR/P/2019/115 dated October 22, 2019 ('Circular'), we hereby certify that proceeds of below mentioned listed Commercial Paper(s), issued during quarter ended June 30, 2021, are been utilized for purposes disclosed in disclosure document and we have adhered to other listing conditions as specified in Annexure I of aforesaid Circular:- Sr. No. ISIN Date of Allotment Quantity Redemption/ Maturity Date 1. INE338I14CI1 May 21, 2021 6,000 June 25, 2021 2. INE338I14CJ9 June 11, 2021 4,000 September 09, 2021 3. NE338I14CK7 June 16, 2021 5,000 September 14, 2021 Kindly take the same on record.
05-08-2021
Bigul

Motilal Oswal Financial Services Ltd - 532892 - Addendum To The Notice Of The Sixteenth Annual General Meeting Of Motilal Oswal Financial Services Limited

With reference to our earlier letter dated July 17, 2021 regarding submission of Annual Report of the Company for the Financial Year ('FY') 2020-21 along with Notice ('Original Notice') of the Sixteenth Annual General Meeting ('AGM'), we wish to inform the Exchange that subsequent to the issuance of the Original Notice of AGM,the Securities and Exchange Board of India ('SEBI')has issued Third Amendment to SEBI (Listing Obligations & Disclosure Requirements)Regulations, 2015 vide SEBI notification no. No. SEBI/LAD-NRO/GN/2021/35 dated August 03, 2021 and the said Amendment is effective from August 3, 2021. Accordingly,in order to comply with regulatory amendments, the Company has issued the enclosed addendum to the Notice for additions/modifications, wherever required in the Original Notice with respect to resolutions pertaining to appointment of Directors. Further,the said addendum has been communicated to Shareholders of the Company via electronic mode (e-mail) on August 05, 2021.
05-08-2021
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Motilal Oswal Financial Services Ltd - 532892 - CRISIL Rating Outlook Revision To AA-/Positive' From AA-/Stable Of Material Subsidiaries

We are happy to inform the Exchange that CRISIL Ratings Limited ('CRISIL') has made revision in the credit rating 'outlook' on long term debt instruments of material subsidiaries of Motilal Oswal Financial Services Limited ('Company') namely Motilal Oswal Home Finance Limited and Motilal Oswal Finvest Limited, to 'CRISIL AA-/Positive' from 'CRISIL AA-/Stable'. Further, CRISIL has reaffirmed the Credit Rating of 'CRISIL A1+' on commercial paper of the Company and said material subsidiaries. The revision in outlook factors Motilal Oswal group's ability to scale-up of operations in each of its businesses with greater diversification and presence across multiple segments in financial services and improvement in core earnings. The rating also continues to reflect the group''s healthy capitalisation and its strong market position in its businesses. The rating rationale letters received from CRISIL are enclosed herewith. Kindly take the same on record.
02-08-2021
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MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Share Of Profit Received Upon Successful Exit From GR Infraprojects Limited

We wish to inform the Stock Exchange(s) that Motilal Oswal Financial Services Limited (MOFSL) along with its Subsidiary companies (collectively referred to as 'Group') has realised profits of Rs. 114 crores (post tax) from sale of its Equity Investments held in GR Infraprojects Limited, invested through the Private Equity Funds - India Business Excellence Fund (IBEF) and India Business Excellence Fund-I (IBEF-I). The above amount is received, consequent to IBEF and IBEF-I's exit of equity shares held of GR Infraprojects Limited through Initial Public Offering. The Mark to Market profits already recognised by the Group on the GR Infraprojects Investment prior to the aforesaid exit has been Rs. 43 crores (post tax) till March 31, 2021 and accordingly, the Group would book incremental Profits (post tax) of Rs. 71 crores in Q2 FY 22 in this respect. Kindly take the same on record.
30-07-2021
Bigul

MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Announcement under Regulation 30 (LODR)-Investor Presentation

This is with reference to our earlier letter(s) dated July 20, 2021 and July 27, 2021 regarding Earnings Conference Call with Institutional Investor(s)/Analyst(s) for discussing Q1FY2021-22 Financial Performance of the Company. In this regard, please find enclosed herewith the Presentation to be made to Investor(s) /Analyst(s). Further, the said Presentation along with con-call transcript will be made available at the Company's website i.e. www.motilaloswalgroup.com. Kindly take the same on record.
29-07-2021
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MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Unaudited Financial Results (Consolidated And Standalone) For The Quarter Ended June 30, 2021

Pursuant to the provisions of Regulation 33, Regulation 52 and Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations,2015, we hereby inform the Exchange that the Board of Directors (Board) of the Company at its Meeting held on Thursday, July 29, 2021 has,inter alia, approved the Unaudited Financial Results (Consolidated & Standalone) of the Company for the quarter ended June 30, 2021. In this regard, please find enclosed herewith the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2021 along with Limited Review Report(s) issued by the Statutory Auditors and Press Release for the quarter ended June 30, 2021. In compliance with SEBI circular dated October 22, 2019 in respect of Commercial Papers, few line items as specified in Regulation 52(4) of the Listing Regulations are also included in the standalone financial results of the Company. The Board Meeting commenced at 03.30 p.m. and concluded at 04.45 p.m.
29-07-2021
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MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

With reference to our earlier letter dated July 20, 2021 on captioned subject, please find below the revised timing for Earnings Conference Call with Investor(s)/Analyst(s) to discuss the financial performance for Q1FY 2021-22. Date: Friday, July 30, 2021 Time: 2.30 P.M. The dial-in details are given below along with Diamond Pass Link: Universal Access: (+91 22) 6280 1118, (+91 22) 7115 8019 Diamond Pass Link https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=8490417&linkSecurityString;=1e935bb4fb Replay of the Conference Call will be available till August 05, 2021 on India Replay Number: +91 22 7194 5757,+91 22 6663 5757 (Playback ID: 88059) Further, the Investor/Analyst Presentation will be uploaded on the Company's website at www.motilaloswalgroup.com. Kindly take the same on record.
27-07-2021

Buy Crompton Gr. Con; target of Rs 530: Motilal Oswal

Motilal Oswal is bullish on Crompton Gr. Con recommended buy rating on the stock with a target price of Rs 530 in its research report dated dated July 26, 2021.
27-07-2021
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