Motilal Oswal Seeks Promoter Group Reclassification for 0.42% Stake

Motilal Oswal Financial Services submitted application to BSE and NSE for reclassification of 11 promoter group members to public category.
The reclassification request covers 24,45,412 shares representing 0.42% of the company's total shareholding.
Application was filed on April 30, 2026 under SEBI Listing Regulations Regulation 31A requirements.
Two members hold zero shares while others hold between 5,720 to 4,00,000 shares each in the company.