In a significant corporate action, the Motilal Oswal Family Trust has distributed a substantial number of shares to one of its beneficiaries, Pratik Motilal Oswal. The move, which took place on November 3, 2025, involves an off-market inter-se transfer of 1,80,15,275 equity shares of Motilal Oswal Financial Services Limited .

Key Details of the Share Transfer

The transfer has resulted in a notable shift in the shareholding structure of Motilal Oswal Financial Services Limited. Here's a breakdown of the changes:

Impact on Promoter Group Holding

Despite this substantial transfer, the combined shareholding of the promoter group and persons acting in concert remains unchanged at 33.54% of the total share capital. This stability in overall promoter holding suggests that the transfer is an internal redistribution rather than a change in the group's overall stake in the company.

Company Share Capital

Motilal Oswal Financial Services Limited's equity share capital stands at 60,05,09,232 shares, each with a face value of Re. 1. This transfer does not affect the total number of outstanding shares.

Regulatory Compliance

The company has duly disclosed this transaction in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure ensures transparency and keeps shareholders and the market informed about significant changes in shareholding patterns.

Conclusion

This share transfer represents a notable change in the individual holdings within the Motilal Oswal promoter group, potentially signaling a shift in the internal dynamics of the family's stake in the company. However, with the overall promoter group holding remaining constant, the move appears to be part of internal wealth management or succession planning rather than a change in the group's commitment to the company.

Motilal Oswal Financial Services has reported impressive quarterly results, showcasing strong growth across various segments despite market volatility. The company's performance highlights its resilience and strategic diversification in the face of regulatory changes and market fluctuations.

Key Highlights

• Assets Under Management (AUM) grew by 55-56% year-over-year
• Record operating profit of ₹554 crore, representing 30% YoY growth in core business profitability
• Asset management and private wealth divisions drove significant growth
• Housing finance segment posted strong growth in AUM and disbursements

Segment-wise Performance

Financial Metrics

• Treasury mark-to-market loss: ₹270 crore
• Brokerage revenue: 24% decline due to regulatory changes
• Cost of funds: Decreased by 20-25 basis points YoY
• Spreads: Improved to 5.3%
• Net Interest Margins: Stable at 7%

Business Mix Diversification

Motilal Oswal Financial Services has successfully diversified its revenue streams, with brokerage now contributing only 30% of total revenue. This strategic shift has helped the company maintain strong overall performance despite challenges in specific segments.

Conclusion

Motilal Oswal Financial Services has demonstrated robust growth and resilience in its latest quarterly results. The company's strong performance in asset management, private wealth, and housing finance segments has offset challenges in the brokerage business. With record operating profits and significant AUM growth, the company appears well-positioned to navigate the evolving financial services landscape.

Investors and market observers may want to keep a close eye on how Motilal Oswal Financial Services continues to adapt to regulatory changes and market conditions in the coming quarters.