Motilal Oswal Financial Services' Finance Committee approved allotment of 184,582 equity shares to employees exercising stock options.
Allotment covers six ESOP schemes (V through X) with Scheme IX contributing the largest portion of 67,232 shares.
Newly allotted shares will rank pari-passu with existing equity shares of the company in all respects.
Committee meeting was held on May 11, 2026, from 4:00 PM to 4:40 PM, as disclosed under SEBI Regulation 30.