Motilal Oswal Financial Services has informed that the Crisil has upgraded the credit rating to Crisil AA-/Stable from CRISIL A+/Stable on Bank Loan facilities and Non-Convertible Debentures of Motilal Oswal Home Finance Limited (MOHFL) (erstwhile Aspire Home Finance Corporation Limited), material subsidiary of the Company. Further, Crisil has re-affirmed rating of Crisil A1+ on Commercial Paper and assigned rating of Crisil PP-MLD AA-r/Stable on Long Term Principal Protected Market Linked Debentures of MOHFL. The rating letter received from CRISIL is enclosed herewith.
The above information is a part of company’s filings submitted to BSE.
