Motilal Oswal Financial Services Ltd (MOTILALOFS) — Announcement | 23 September 2026 (2 announcements)

Motilal Oswal Financial Services announced SEBI approval for its wholly owned subsidiary Motilal Oswal Custodial Services to act as a securities custodian, enabling custody, settlement, and regulatory reporting services for institutional clients. The approval strengthens the group's institutional value chain and positions it among a select few authorized custodians in India, supporting expansion into high-growth institutional segments.

Motilal Oswal Financial Services announced SEBI approval for its wholly owned subsidiary, Motilal Oswal Custodial Services Private Limited, to operate as a custodian of securities under the SEBI (Custodian) Regulations, 1996. The approval enables the group to offer custody, settlement, corporate action processing, and regulatory reporting services to institutional clients, completing its institutional services value chain. The subsidiary will commence operations in the last quarter of 2026 after meeting operational readiness requirements. This regulatory milestone strengthens the company's institutional franchise and positions it among a select group of authorized custodians in India.