Motilal Oswal Financial Services has granted 1,96,721 stock options to eligible employees under its Employee Stock Option Scheme - X (ESOS-X). The Nomination and Remuneration Committee of the Board of Directors approved the allocation during a meeting held on July 23, 2026. This move aligns employee interests with long-term shareholder value creation through equity-based compensation.

The company formally notified both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) of the grant. Kailash Purohit, Company Secretary & Compliance Officer, signed the disclosure letter dated July 23, 2026, confirming the committee’s decision.

Grant Details

The grant falls under the existing ESOS-X framework, which is designed to attract and retain key talent within the organization. By allocating these options, the company reinforces its commitment to performance-linked rewards for staff members who contribute to business growth.

Regulatory Compliance

The disclosure was made in accordance with regulatory requirements for listed entities in India. The company provided the security code 532892 for BSE and the symbol MOTILALOF5 for NSE in its communication. The filing ensures transparency regarding equity dilution and employee benefit plans for investors and stakeholders.

No further details regarding vesting schedules, exercise prices, or individual allocations were disclosed in the initial filing. Investors are advised to monitor subsequent announcements for granular data on option pricing and eligibility criteria.

Motilal Oswal Financial Services reported its highest-ever quarterly Total Profit After Tax (PAT) of ₹1,513 Cr, including Other Comprehensive Income (OCI), for the quarter ended June 30, 2026. This represents a 6% year-on-year growth, primarily driven by a 73% surge in Asset Management PAT. The company’s consolidated net revenue stood at ₹1,538 Cr, an 8% increase compared to the same period last year, while Operating PAT grew by 14% YoY to ₹609 Cr.

Financial Performance

The Board of Directors approved the unaudited financial results at its meeting held on July 23, 2026. The Profit Before Tax (PBT) grew by 11% YoY to ₹792 Cr, with a PBT margin of 52%. The company also reported consolidated net profit of ₹12.73B for Q1, compared to ₹11.6B in the year-ago period.

Segmental Highlights

Asset and Private Wealth Management remained the primary growth driver, with net revenue increasing by 27% YoY to ₹718 Cr. The segment’s PAT rose by 46% YoY to ₹335 Cr. Wealth Management net revenue remained stable at ₹571 Cr, while Capital Markets net revenue decreased by 26% YoY to ₹160 Cr. Housing Finance net revenue grew by 29% YoY to ₹129 Cr, with PAT increasing by 36% YoY to ₹32 Cr.

Business Updates

Total Assets Under Management (AUM) grew by 31% YoY to ₹2.12 lakh Cr. The Asset Management Company (AMC) witnessed a 26% YoY growth in AUM to ₹1.90 lakh Cr, driven by strong Systematic Investment Plan (SIP) inflows which surged 16% YoY to ₹4,064 Cr. MO Alternates AUM grew by 99% YoY. The Treasury book grew by 22% YoY to ₹10,482 Cr.

Ratings and Corporate Actions

On July 22, 2026, CRISIL upgraded the company’s long-term rating from CRISIL AA/Positive to CRISIL AA+/Stable. ICRA Limited reaffirmed the ICRA AA+ (Stable) rating, and India Ratings reaffirmed IND AA/Positive. The company incorporated a wholly-owned step-down subsidiary, Motilal Oswal Pension Fund Management Limited, on June 4, 2026. Statutory Auditors Singhi & Co. issued limited review reports for the quarter.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE338I01027/07ccf197bafc45fd.pdf