Motilal Oswal Financial Services Ltd

We wish to inform the Exchange that the Finance Committee of Motilal Oswal Financial Services Limited (the Company) at its Meeting held on March 15 2023 has approved an allotment of 72010 Equity Shares to those option grantee(s) who had exercised their options under the Motilal Oswal Financial Services Limited - Employees Stock Option Scheme - IX of the Company.