Motilal Oswal Financial Services has announced the grant of 4,37,063 employee stock options to eligible employees under its Employee Stock Option Scheme-X. The grant was approved during a meeting of the company's Nomination and Remuneration Committee held on January 27, 2026.

ESOP Grant Details

The stock options were allocated under the Motilal Oswal Financial Services Limited - Employee Stock Option Scheme - X, demonstrating the company's ongoing commitment to employee incentivization through equity participation.

Regulatory Compliance

The company has formally communicated this development to both major stock exchanges where its shares are listed. The notification was sent to BSE Limited, where the company trades under security code 532892, and to the National Stock Exchange of India Limited, where it is listed under the symbol MOTILALOFS.

Corporate Governance

The ESOP grant was executed under proper corporate governance protocols, with Company Secretary and Compliance Officer Kailash Purohit signing the official communication to the exchanges. The decision reflects the board's strategic approach to talent retention and employee motivation through equity-based compensation.

About the Company

Motilal Oswal Financial Services Limited operates as a comprehensive financial services provider with multiple regulatory registrations including SEBI registration number INZ000158836 and memberships across major exchanges including NSE, BSE, MCX, and NCDEX. The company maintains its corporate headquarters at Motilal Oswal Tower in Prabhadevi, Mumbai.

Motilal Oswal financial services Mutual Fund announced on January 22 the launch of its Financial Services Fund, an open-ended equity scheme designed to capitalize on opportunities within India's evolving financial services sector. The fund targets long-term capital appreciation through strategic investments in companies operating across banking, insurance, capital markets, and fintech-linked financial services.

Fund Launch Details

The New Fund Offer (NFO) timeline and key parameters are structured as follows:

Investment Strategy and Approach

The scheme will invest predominantly in equity and equity-related instruments of firms engaged in various financial services businesses. Motilal Oswal Asset Management Company (MOAMC) highlighted that the financial services sector has significantly broadened over the past decade, with increased participation from non-lending segments including exchanges, asset managers, insurance companies, and wealth management platforms alongside traditional lending businesses.

The fund will implement MOAMC's established QGLP investment framework, which focuses on:

• Quality: Strong business fundamentals
• Growth: Sustainable revenue and profit expansion
• Longevity: Durable competitive advantages
• Price: Attractive valuations

Portfolio Construction and Management

Fund Manager Ajay Khandelwal outlined the strategy to build a concentrated portfolio balancing exposure across both lending and non-lending financial services businesses. This approach aims to capture opportunities across the sector's diverse segments while maintaining focused exposure to high-conviction investment ideas.

The fund will be managed by a comprehensive team of six experienced professionals:

• Ajay Khandelwal (Lead Fund Manager)
• Atul Mehra
• Sandeep Jain
• Bhalchandra Shinde
• Rakesh Shetty
• Swapnil Mayekar

Sector Transformation Opportunity

Prateek Agrawal, MD & CEO of MOAMC, emphasized that the financial services sector is undergoing significant transformation driven by formalization and digitalization trends. This evolution presents opportunities for companies that can adapt and leverage technological advancements to enhance their service delivery and operational efficiency.

The fund launch reflects MOAMC's confidence in the long-term growth prospects of India's financial services ecosystem, particularly as digital adoption accelerates and regulatory frameworks continue to evolve in favor of organized players.