BSECompany Update30 Sept 2026 · 30 Sept 2026, 10:46 am

We wish to inform the Exchanges that the Finance Committee (''the Committee'') of the Board of Directors (''the Board'') of the Company at its Meeting held on Wednesday, September 30, 2026 has approved the allotment of 90,000 (Ninety Thousand) Fully paid, Secured, Rated, Redeemable, Listed, Senior Bonds in the nature of Non-Convertible Debentures (''NCDs'') of face value of Rs. 1,00,000/- (Rupees One Lakh Only) each aggregating to Rs. 900 Crore (Rupees Nine Hundred Crore Only).

Motilal Oswal Financial Services Ltd · 532892

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Motilal Oswal Financial Services Ltd has approved the allotment of 90,000 Non-Convertible Debentures (NCDs) worth Rs. 900 Crore, to be listed on the National Stock Exchange of India Limited.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk8/10
Liquidity Impact9/10
Market Sentiment6/10

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Motilal Oswal Financial Services Ltd - 532892 - Announcement under Regulation 30 (LODR)-Allotment

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September 30, 2026 BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai - 400001 Mumbai - 400051 Security Code: 532892 Symbol: MOTILALOFS Sub.: Allotment of 90,000 Fully paid, Secured, Rated, Redeemable, Listed, Senior Bonds in the nature of Non-Convertible Debentures of face value of Rs. 1,00,000/- each aggregating to Rs. 900 Crore Dear Sir/Madam, With reference our earlier intimation dated September 24, 2026 and pursuant to the provisions of Regulation 30, 51 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) (as amended from time to time), we wish to inform the Exchanges that the Finance Committee (“the Committee”) of the Board of Directors (“the Board”) of the Company at its Meeting held on Wednesday, September 30, 2026 has approved the allotment of 90,000 (Ninety Thousand) Fully paid, Secured, Rated, Redeemable, Listed, Senior Bonds in the nature of Non-Convertible Debentures (“NCDs”) of face value of Rs. 1,00,000/- (Rupees One Lakh Only) each aggregating to Rs. 900 Crore (Rupees Nine Hundred Crore Only). The requisite details of the abovementioned issue in terms of the SEBI Master Circular dated July 11, 2023 (as amended from time to time) are enclosed as Annexure A. The Committee Meeting commenced at 10.15 a.m. concluded at 10:40 a.m. Thanking you, Yours faithfully, For Motilal Oswal Financial Services Limited Kailash Purohit Company Secretary & Compliance Officer Encl.: As above Annexure A Particulars Information 1. Type of securities proposed to be Fully paid, Secured, Rated, Redeemable, issued Listed, Senior Bonds in the nature of Non- Convertible Debentures (“NCDs”) 2. Type of Issuance Private Placement 3. Total number of securities proposed to 90,000 (Ninety Thousand) Fully paid, Secured, be issued or the total amount for which Rated, Redeemable, Listed, Senior Bonds in the securities will be issued the nature of NCDs, each having a face value of Rs. 1,00,000/- (Rupees One Lakh Only) aggregating to a face value of Rs. 900 Crore (Rupees Nine Hundred Crore Only) issued at a premium aggregating to Rs 63,00,000 (Rupees Sixty Three Lakhs Only). 4. Size of the issue/allotment Rs. 900 Crore (Rupees Nine Hundred Crore Only). The issue has been fully subscribed at par/premium and the Company has received the premium of Rs. 63,00,000/- (Rupees Sixty Three Lakhs Only). 5. Whether proposed to be listed? If yes, Yes, the NCDs are proposed to be listed on name of the stock exchange(s) National Stock Exchange of India Limited (“NSE”) 6. Tenure of the Instrument 3 Years and 25 days Date of Allotment September 30, 2026 Date of Maturity October 25, 2029 7. Coupon/interest offered, schedule of Please refer Annexure I payment of coupon/interest and principal 8. Charge/security, if any, created over The principal amount of the NCDs issued the assets pursuant to the General Information Document dated September 17, 2025 (“GID”) and the Key Information Document dated September 24, 2026 (“KID”), together with all interest due and payable thereon are secured Particulars Information by a first-ranking, pari passu charge by way of hypothecation over all present and future receivables of the Company, excluding such receivables as are specifically and exclusively charged in favour of the existing charge holders, as specifically set out and more fully described in the Debenture Trust Deed. Accordingly, a minimum security cover of 1.00 time (1.00x) the outstanding principal amount of the NCDs, together with all interest due and payable thereon, shall be maintained at all times until the Maturity Date. 9. Special right/interest/privileges None attached to the instrument and changes thereof 10. Delay in payment of interest / principal There is no delay or default in payment of amount for a period of more than three interest and/or redemption of principal on the months from the due date or default in due dates for any existing NCDs. payment of interest / principal 11. Details of any letter or comments None regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any 12. Details of redemption of debentures Please refer Annexure I indicating the manner of redemption Annexure I Illustration of Cash Flows as per the SEBI NCS Master Circular dated October 15, 2025 on a per Debenture Basis: Amount in Schedule Payment Sr. No. Cashflow No. of days rupees per Date Debenture 1. September 30, 2026 Allotment Date - 100,000.00 2. October 25, 2026 Coupon 25 (589.73) 3. October 25, 2027 Coupon 365 (8,640.00)1 4. October 25, 2028 Coupon 366 (8,640.00)1 5. October 25, 2029 Coupon 365 (8,640.00)1 6. October 25, 2029 Principal on redemption (100,000.00) 1. Assuming the effective coupon derives at 8.64% p.a. for other coupon payments. The above table is illustrative and indicative only. The payment of coupon / premium / interest / maturity amount on due dates will be in accordance and compliance with the provisions of the SEBI NCS Master Circular, applicable tax laws and business day conventions specified in the Term Sheet of the Issue.