Motilal Oswal Receives Nod for Promoter Reclassification

Date: June 12, 2026

The company received no-objection letters from both BSE Limited and National Stock Exchange of India Limited on June 12, 2026, for reclassification of 11 members from the 'Promoter Group' category to the 'Public' category.
This follows an application submitted by the company on April 30, 2026, under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following promoter group members are being reclassified to public category with their respective shareholdings:

| 1 | Smt. Ansi Devi Oswal | 0 | 0.00% |

| 2 | Mr. Javerilal Oswal | 0 | 0.00% |

| 3 | Mr. Kamlesh Salecha (Legal Heir of Late Smt. Vimala Devi Salecha) | 5,720 | 0.00% |

| 4 | Mr. Rajendra Oswal | 2,19,984 | 0.04% |

| 5 | Mr. Govind Deo Agarawal | 2,23,080 | 0.04% |

| 6 | Mr. Satish Agrawal | 2,73,080 | 0.05% |

| 7 | Mr. Karoon Agrawal | 3,00,000 | 0.05% |

| 8 | Mr. Sukhdeo Agarawal | 3,03,548 | 0.05% |

| 9 | Mrs. Anita Agrawal | 3,20,000 | 0.05% |

| 10 | Mr. Vinay Agrawal | 4,00,000 | 0.07% |

| 11 | Mrs. Suman Agrawal | 4,00,000 | 0.07% |

| Total | | 24,45,412 | 0.42% |

The reclassification is conducted under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification.
The no-objection letters were issued by both exchanges with reference numbers LIST/COMP/KR/113/2026-27 (BSE) and NSE/LIST/COMP/MOTILALOFS/586/2026-2027 (NSE).

No-objection letters from BSE Limited and National Stock Exchange of India Limited were enclosed with the submission.