Motilal Oswal gets nod for scheme of amalgamation

06 Nov 2017 Evaluate

Motilal Oswal Financial Services has received an approval for the Scheme of Amalgamation of Motilal Oswal Securities with itself and their respective shareholders. The Board of Directors of the company at their meeting held on November 04, 2017, approved the same.

The Board also approved the slump sale of its existing Lending Business to its wholly owned subsidiary, which is in the process of being incorporated.

Motilal Oswal Financial Services offers a wide range of financial services such as wealth management, broking and distribution, commodity broking, portfolio management services, institutional equities, private equity and investment banking services. It offers wealth management services under the name Purple.

Motilal Oswal Fin Share Price

1670.00 -12.65 (-0.75%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
ICICI Securities 729.00
Angel One 3043.90
Motilal Oswal Fin 1670.00
Share India Sec. 1600.00
SMC Global Sec. 124.20
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