Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) (as amended), Motilal Oswal Financial Services has informed that CRISIL Ratings (‘CRISIL’) has Upgraded the long term rating to ‘Crisil AA+/Stable’ from ‘Crisil AA/Positive’ for various instrument(s) of the Company (‘MOFSL’) and its Subsidiaries. The brief rationale for the rating upgrade including instrument-wise rating is provided in the Press Release issued by the Company and the Rating Letters received from CRISIL for the Company and its subsidiaries, which are enclosed. The rating action covers Company and its key subsidiaries including Motilal Oswal Home Finance and Motilal Oswal Finvest.
The above information is a part of company’s filings submitted to BSE.
