Motilal Oswal Financial Services Ltd (MOTILALOFS) — Announcement | 16 September 2026

Motilal Oswal Financial Services announced that India Ratings upgraded its long-term credit rating to IND AA+/Stable from IND AA/Positive, extending the upgrade to its home finance and finvest subsidiaries while affirming short-term IND A1+ ratings across the group. The upgrade reflects stronger recurring revenue from asset and wealth management, improved earnings diversification, and conservative leverage below internal thresholds with net worth exceeding ₹14,400 crore. This rating enhancement validates the company's transformation into a fee-based wealth platform serving over 15 million clients and should lower borrowing costs as it scales lending and housing finance operations.