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Motilal Oswal gets nod to raise Rs 195 crore through NCDs

07 Nov 2020 Evaluate

Motilal Oswal Financial Services has received approval for the allotment of 1,950 Secured Redeemable Rated Listed Principle Protected Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each, amounting to Rs 195 crore on Private Placement Basis. The Finance Committee of the company at its meeting held on November 6, 2020 has considered & approved the same.

Motilal Oswal Financial Services offers a range of financial products and services, such as wealth management, retail broking and distribution, institutional broking, asset management, commodity broking, private equity, investment banking, and principal strategies.

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