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Motilal Oswal Financial Services secures approval to issue up to Rs 900 crore in NCDs
24-Sep-2026, 11:45
Motilal Oswal Financial Services Limited announced that its Finance Committee approved the issuance of up to 90,000 fully paid, secured, rated, redeemable, listed, senior bonds in the nature of Non-Convertible Debentures (NCDs) with a face value of Rs 100,000 each, for an amount up to Rs 900 crore on a private placement basis. The NCDs are proposed to be listed on the National Stock Exchange of India Limited and will have a tenure of 3 years and 26 days.