Motilal Oswal Financial Services Limited (MOFSL) has announced a strategic investment of approximately ₹110 crore in IL Jin Electronics (India) Private Limited, marking a significant move in the financial services company's investment portfolio.

Investment Details

According to a regulatory filing, a wholly-owned subsidiary of MOFSL has executed definitive agreements to acquire 1,69,018 Compulsorily Convertible Preference Shares of IL Jin Electronics. The investment, valued at ₹109,99,99,567.24, is positioned as a long-term strategic move for the financial services giant.

About IL Jin Electronics

IL Jin Electronics, incorporated on September 11, 2001, is a key player in the Electronics Manufacturing Services (EMS) sector. The company, along with its subsidiary, primarily engages in the manufacturing, assembly, and distribution of Printed Circuit Board Assemblies (PCBAs) and Printed Circuit Boards (PCBs) for various industries.

Financial Performance

IL Jin Electronics has demonstrated strong financial growth over the past few years:

The company's turnover has shown a significant increase, particularly in FY 2025, indicating robust growth in its operations.

Transaction Details

• The acquisition is not classified as a related party transaction and is conducted at arm's length.
• No governmental or regulatory approvals are required for this investment.
• The transaction is expected to be completed within 60 days.
• The investment is part of MOFSL's treasury investment book, aimed at generating sustainable, long-term returns.

Strategic Implications

This investment by Motilal Oswal Financial Services in IL Jin Electronics represents a strategic move into the rapidly growing electronics manufacturing sector. As India continues to push for increased domestic electronics production, this investment could potentially yield significant returns for MOFSL in the long run.

The decision to invest in IL Jin Electronics aligns with MOFSL's strategy of diversifying its investment portfolio and tapping into high-growth sectors of the Indian economy. This move may also provide MOFSL with insights into the electronics manufacturing industry, which could inform future investment decisions.

As the electronics manufacturing sector in India continues to expand, driven by government initiatives and increasing demand, MOFSL's investment in IL Jin Electronics positions the financial services company to potentially benefit from this growth trajectory.

Motilal Oswal Financial Services Limited (MOFSL) has made a significant investment in Kusumgar Limited, a textile company specializing in high-performance synthetic engineered fabrics. The acquisition, valued at approximately ₹100.00 crore, involves the purchase of 10,95,890 Compulsorily Convertible Preference Shares and 16,43,836 Equity Shares of Kusumgar Limited through a wholly owned subsidiary of MOFSL.

Transaction Details

The transaction, conducted entirely in cash, is part of Motilal Oswal's treasury investment strategy aimed at generating sustainable long-term returns. According to the company's filing, the acquisition is not a related party transaction and was executed at arm's length, with no involvement from the promoter or promoter group in the target entity.

About Kusumgar Limited

Kusumgar Limited, incorporated on June 15, 1990, is a textile company engaged in the manufacturing of woven, coated, and laminated synthetic engineered fabrics. The company focuses on polyamides and polyester filaments, as well as polyurethane chemistry, catering to high-performance requirements of customers worldwide.

Financial Performance

Kusumgar Limited has demonstrated strong growth over the past three fiscal years:

This consistent increase in turnover showcases the company's robust performance and market position in the textile industry.

Strategic Implications

For Motilal Oswal Financial Services Limited, this acquisition represents a strategic move to diversify its investment portfolio. By investing in a company with a strong growth trajectory in the textile sector, MOFSL aims to capitalize on the potential for long-term value creation.

Regulatory Compliance

The acquisition is expected to be completed within seven days from the announcement date. Notably, the transaction does not require any governmental or regulatory approvals, streamlining the process for both parties involved.

In conclusion, this ₹100.00 crore investment by Motilal Oswal's subsidiary in Kusumgar Limited marks a significant development in the financial services and textile sectors. As the transaction unfolds, market observers will be keen to see how this strategic move impacts both companies' future growth and performance.