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Motilal Oswal Financial Services Limited ( (IN:MOTILALOFS) ) has shared an announcement.
Motilal Oswal Financial Services Limited has announced the issuance of up to 30,000 fully paid, secured, rated, redeemable, listed senior bonds in the form of non-convertible debentures (NCDs) with a face value of Rs. 1,00,000 each, aggregating to Rs. 300 crore. This issuance, approved by the company’s Finance Committee, is set to be conducted on a private placement basis and will be listed on the National Stock Exchange of India Limited. The move is expected to enhance the company’s financial flexibility and strengthen its market position by leveraging secured debt instruments.
More about Motilal Oswal Financial Services Limited
Motilal Oswal Financial Services Limited operates in the financial services industry, offering a range of products and services including asset management, wealth management, and investment banking. The company focuses on providing financial solutions and investment opportunities to its clients, positioning itself as a key player in the Indian financial market.
Average Trading Volume: 72,420
Technical Sentiment Signal: Buy
Current Market Cap: 574.4B INR
For an in-depth examination of MOTILALOFS stock, go to TipRanks’ Overview page.