Motilal Oswal Financial Services Limited has filed a disclosure with BSE Limited and the National Stock Exchange of India Limited on June 29, 2026, informing the exchanges of a rectification of an inadvertent typographical error in the Notice of its Twenty-First Annual General Meeting (AGM). The error was identified in the Explanatory Statement to the Notice, specifically in the Annexure to Item Nos. 4, 5, 7 and 8, which relates to the 'shareholding of the Directors in the Company' as mentioned on Page 18 of the Notice. The Company has uploaded the revised Notice, forming part of the Annual Report for FY 2025-26, on its website at www.motilaloswal.com . The rectification was signed by Kailash Purohit, Company Secretary & Compliance Officer, on June 29, 2026.

AGM and E-Voting Schedule

The Annual Report and Notice of the AGM were originally sent to shareholders on June 22, 2026. The key dates for the 21st AGM remain unchanged as follows:

FY26 Financial Performance

Motilal Oswal Financial Services delivered a strong performance in FY 2025-26. The consolidated revenue increased 12% year-on-year to ₹9,41,642 lakhs. The following table summarises the key consolidated and standalone financials:

The company's long-term credit rating was upgraded by ICRA from '[ICRA]AA (Positive)' to '[ICRA]AA+ (Stable)' during the year. An interim dividend of ₹6 per equity share was declared and paid on February 06, 2026. The company's standalone financial ratios showed a Debt Equity Ratio of 1.73 (vs. 1.22 in the prior year), Operating Margin of 23.86% (vs. 32.24%), and ROE of 14.90% (vs. 19.47%), with the moderation primarily attributable to adverse MTM movements.

Business Segment Highlights

The company's diversified financial services platform delivered broad-based growth across all key segments in FY 2025-26:

The Asset Management business saw net revenue increase 47% YoY to ₹1,479 crore, with PAT rising 55% YoY to ₹798 crore. Private Wealth Management net revenue grew 17% YoY to ₹1,080 crore. The Capital Market business completed 52 deals with a total issue size of ₹83,600+ crore, ranking #1 in QIPs and #2 in left-lead IPO filings for FY26. The Housing Finance business secured USD 100 million in NCD funding from the Asian Development Bank (ADB) to support affordable housing for women borrowers and green-certified residential units, and maintained a capital adequacy ratio of 37.50%.

Governance and Board Changes

The Board comprised 14 Directors as on March 31, 2026, including 7 Independent Directors. During the year, Mr. Pratik Oswal, Mr. Vaibhav Agrawal, Mr. Conrad D'Souza, and Mr. Ashok Kothari were appointed as Directors with effect from November 01, 2025. Mr. Motilal Oswal was re-appointed as Managing Director & CEO with effect from January 18, 2026, and Mr. Rajat Rajgarhia was re-appointed as Whole-time Director with effect from July 31, 2025. Subsequent to the financial year, Mr. Sunil Goyal and Mrs. Smita Bhagat were appointed as Independent Directors with effect from July 01, 2026, in view of the upcoming completion of the tenures of Mr. C.N. Murthy and Mr. Chandrashekhar Karnik.

The AGM agenda includes re-appointment of Mr. Raamdeo Agarawal and Mr. Navin Agarwal (Retiring by Rotation), new appointments of Mr. Sunil Goyal and Mrs. Smita Bhagat (w.e.f. July 01, 2026), and reclassification of 11 Promoter Group members to the 'Public' category (aggregate 0.42% shareholding). The borrowing limit is proposed to be enhanced from ₹15,000 crore to ₹22,500 crore under Section 180(1)(c) to support the company's growing Margin Trading Facility book, which increased from ₹3,501 crore as on March 31, 2024 to ₹5,767 crore as on March 31, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE338I01027/825294c585cb40b6.pdf

Motilal Oswal Financial Services Limited has filed its Business Responsibility & Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The report outlines the company's performance against the National Guidelines on Responsible Business Conduct (NGRBC) and details its Environmental, Social and Governance (ESG) initiatives. For FY 2025-26, the company reported a consolidated CSR spend of ₹37.40 crore, compared to ₹20.10 crore on a standalone basis.

The reporting boundary for the current year has been revised to a consolidated basis, covering the company and its subsidiaries, which includes 194 offices across India and international locations. Consequently, the figures are not directly comparable with the previous year's standalone disclosures. The BRSR Core disclosures received independent reasonable assurance from Moore Singhi Advisors LLP, while other select ESG disclosures received limited assurance.

ESG Vision 2030 and Key Initiatives

The company has established a Group-level ESG Vision 2030 based on the FY 2025-26 baseline disclosures. Key environmental commitments include a target for a 20% reduction in carbon intensity per employee and per turnover, the plantation of 10,000 trees, and the adoption of renewable energy at key locations. During the year, the company initiated renewable energy usage at its Malad office and installed EV charging points at the Registered Office to support sustainable mobility.

Financial and Operational Metrics

The company reported total energy consumption of 41,922.39 Giga Joules (GJ) for FY 2025-26, with 135.63 GJ sourced from renewable energy. Total Scope 1 and Scope 2 greenhouse gas emissions stood at 8,409.29 metric tonnes of CO2 equivalent. The company also expanded its Scope 3 emissions reporting to include additional categories, reporting total Scope 3 emissions of 29,480.38 metric tonnes of CO2 equivalent.

Water consumption for the year was recorded at 99,418.03 kilolitres, with an intensity of 0.106 kilolitres per ₹ lakh of turnover. The company generated 32.29 metric tonnes of waste, of which 23.85 metric tonnes were recycled.

Employee Well-being and Social Impact

The company maintained a workforce of 12,862 employees on a consolidated basis, with 21.54% female representation. It achieved a 100% return-to-work rate for employees post-parental leave and reported zero workplace safety incidents during the year. The median annual remuneration was ₹5.4 lakh for male employees and ₹5.3 lakh for female employees.

Through its CSR initiatives, the company positively impacted over 97,500 individuals, focusing on education, healthcare, and livelihood programs. Key projects included the District Education Transformation Programmes in Palghar (Maharashtra) and Balotra & Barmer (Rajasthan).

Governance and Compliance

The company reported that 94.83% of Directors, 100% of Key Managerial Personnel (KMPs), and 99.89% of other employees received periodic training on business conduct and ESG parameters. It maintained zero complaints relating to conflicts of interest. However, the report disclosed monetary penalties and settlements with SEBI amounting to ₹46.85 lakh during the year regarding operational activities and association with algo platforms.