Motilal Oswal Financial Services has informed that Motilal Oswal Financial Services has subscribed 1,164 fully paid-up Seed Compulsorily Convertible Cumulative Preference Shares ('CCPS') having face value of Rs 10 each of Stockation ('StockPe') for a consideration of Rs 75,00,000 constituting 8.53% of the issued and paid-up capital of StockPe in First Tranche, out of the total commitment of Rs 2 Crore. In view of the above and pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (as amended) read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, the Company has enclosed detailed information.
The above information is a part of company’s filings submitted to BSE.
