Board Meeting21 Sept 2026, 06:51 pm
Motilal Oswal Finance Committee to consider NCD fundraise
AI Summary
Motilal Oswal Financial Services Ltd announced that its Finance Committee will convene on Thursday, September 24, 2026. The primary agenda for this meeting is to consider and approve a proposal for fund-raising. The company plans to raise capital through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis, which may occur in one or more tranches. This decision aligns with Regulation 29, 50, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Finance Committee meeting scheduled for September 24, 2026.
- Purpose is to consider fund-raising proposal.
- Funds to be raised via Non-Convertible Debentures (NCDs).
- Issuance will be on a private placement basis.
- Fundraising may occur in one or more tranches.
Price Impact
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