Motilal Oswal Financial Services is mulling an option for the proposal to buy back the fully-paid up equity shares of the company, subject to shareholders’ approval. The board of directors of the company will meet on April 27, 2013 to consider for amendment of the existing articles of association of the company for empowering the company to Buy Back its own shares.
Motilal Oswal Financial Services is a known brand among retail and institutional investors in India, with a presence in over 1533 business locations across over 487 cities. Motilal Oswal Mutual Fund manages about Rs 538 crore of investor assets across five funds.
