Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Motilal Oswal Financial Services has informed that the Finance Committee of the company at its meeting held today, December 19, 2018, has approved an allotment of 3,850 equity shares to those option grantees who had exercised their options under the ‘Motilal Oswal Financial Services - Employees' Stock Option Scheme – Vll’ of the company. The said equity shares will rank pari-passu with the existing equity shares of the company in all respects.
The above information is a part of company’s filings submitted to BSE.