Motilal Oswal AMC Incorporates Pension Fund Subsidiary

Motilal Oswal Financial Services Limited announced that its material wholly-owned subsidiary, Motilal Oswal Asset Management Company Limited (MOAMC), has incorporated a new wholly-owned step-down subsidiary, Motilal Oswal Pension Fund Management Limited (MOPF). MOPF will focus on managing pension fund schemes regulated by PFRDA. The incorporation occurred on June 4, 2026, with 100% equity subscribed in cash at face value. MOAMC received a Letter of Appointment from PFRDA on May 5, 2026, to act as a Sponsor of Pension Fund.