Motilal Oswal Financial Services Limited promoter Raamdeo Ramgopal Agarawal along with persons acting in concert declared that no shares were encumbered directly or indirectly during the financial year ended March 31, 2026.
The disclosure was submitted to BSE (security code 532892) and NSE (symbol MOTILALOFS) under Regulation 31(4) and 31(5) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations in a filing dated April 8, 2026.
Raamdeo Ramgopal Agarawal holds 12,56,07,260 shares, representing 20.87 percent of the total equity share capital as of March 31, 2026. Vaibhav Raamdeo Agrawal holds 3,08,70,096 shares (5.13 percent), Suneeta Raamdeo Agrawal holds 2,54,87,508 shares (4.23 percent), and Raamdeo Agarwal-HUF holds 1,79,73,056 shares (2.99 percent).
Among other concert parties, Vedika Agrawal holds 20,00,000 shares (0.33 percent) and Dhairya Agrawal holds 9,00,000 shares (0.15 percent). Suman Agrawal and Vinay Agrawal each hold 4,00,000 shares (0.07 percent each), and Anita Agrawal holds 3,20,000 shares (0.05 percent). Sukhdeo Ramgopal Agarawal holds 3,03,548 shares (0.05 percent), Karoon Ramgopal Agarawal holds 3,00,000 shares (0.05 percent), Satish Agrawal holds 2,73,080 shares (0.05 percent), and Govind Deo Agarawal holds 2,23,080 shares (0.04 percent).
OSAG Enterprises LLP holds 8,000 shares of Motilal Oswal Financial Services Limited. Motilal Oswal Foundation and Anand Agarwal held no shares as of the reporting date.
Raamdeo Ramgopal Agarawal signed the declaration in his capacity as promoter of Motilal Oswal Financial Services Limited. A copy of the disclosure was marked to the Company Secretary and Compliance Officer of Motilal Oswal Financial Services Limited.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.