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June 22, 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.: Business Responsibility & Sustainability Report of the Company for the Financial
Year 2025-26
Dear Sir/Madam,
Pursuant to the provisions of Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (as amended from time to time), please find enclosed herewith
the Business Responsibility & Sustainability Report (“BRSR”) of the Company for the Financial
Year 2025-26.
Further, the aforesaid Report has also been uploaded on the website of the Company at
www.motilaloswal.com.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Motilal Oswal Financial Services Limited
Kailash Purohit
Company Secretary & Compliance Officer
Encl.: As above
BBuussiinneessss
RReessppoonnssiibbiilliittyy &&
SSuussttaaiinnaabbiilliittyy RReeppoorrtt
BBuussiinneessss
RReessppoonnssiibbiilliittyy &&
SSuussttaaiinnaabbiilliittyy RReeppoorrtt
Executive Summary and Background
Motilal Oswal Financial Services Limited (“the Company”), compliance and a culture of accountability and
with a distinguished legacy of over three and a half transparency.
decades, has been a trusted partner in India's financial
markets, empowering millions of investors through With a forward-looking ESG Vision 2030, the Company
knowledge-driven advice, technology-enabled solutions, continues to strengthen its sustainability journey
and responsible business practices. Guided by its through focused initiatives relating to
enduring philosophy of 'Knowledge First' and its evolving climate-conscious operations, responsible resource
commitment to 'People • Profit • Purpose', the Company management, workforce diversity and inclusion,
remains focused on creating sustainable long-term employee development, stakeholders engagement
value for all stakeholders while contributing meaningfully and impactful community interventions, while
to society and the broader financial ecosystem. supporting India's transition towards a more inclusive
and sustainable future.
As a diversified financial services group, the Company,
together with its subsidiaries, offers a comprehensive As one of India's top listed entities, the Company
range of products and services across Asset and Private publishes this Business Responsibility and Sustainability
Wealth Management, Wealth Management, Capital Report (BRSR) in accordance with Regulation 34(2)(f)
Market, Housing Finance and other financial services. of the SEBI (Listing Obligations and Disclosure
Across its businesses, the Company is committed to Requirements) Regulations, 2015. The Report has been
the highest standards of integrity, transparency, prepared in alignment with the National Guidelines
customer-centricity and governance, enabling on Responsible Business Conduct (NGRBC) and
individuals, institutions and enterprises to participate incorporates the applicable BRSR Core disclosures
confidently in India's growth story. and Key Performance Indicators prescribed by SEBI.
Sustainability is an integral part of the way the Company For FY 2025-26, Moore Singhi Advisors LLP has provided
conducts its business. Our approach to Environmental, Independent Reasonable Assurance on the BRSR Core
Social and Governance (ESG) is anchored in responsible disclosures and Independent Limited Assurance on the
business conduct, prudent risk management and applicable sustainability and ESG disclosures,
long-term stakeholder’s value creation. On the reinforcing the Company's commitment to
environmental front, we continue to strengthen transparency, reliability and high standards of ESG
digital-first operations, improve resource efficiency and reporting.
progressively enhance sustainable workplace practices
to reduce our environmental footprint. On the social front, Together with the dedicated ESG section of the Annual
we remain committed to financial literacy, investor Report, this BRSR reflects the Company's continued
awareness, education, healthcare, women’s commitment to creating sustainable financial, social
empowerment, sustainable livelihoods, disability and environmental value through responsible
inclusion and community development through focused governance, innovation and stakeholder-centric
initiatives undertaken by the Motilal Oswal Foundation business practices.
and other CSR partners. Governance continues to remain
the core of our business philosophy, supported by strong The BRSR presents the Company's approach to
ethical standards, robust internal controls, regulatory responsible business conduct across three sections:
People Profit Purpose
People First Sustainable Value Creation Giving Back to Society
Empowering our people, nurturing Delivering long-term financial giving back through meaningful
talent, fostering inclusion, and performance through responsible initiatives that empower
creating opportunities that enable governance, innovation, communities, promote financial
individuals and communities operational excellence, and inclusion, and create a better
to thrive. disciplined execution. tomorrow for all.
03 Motilal Oswal Financial Services Limited
Business overview Statutory reports Financial statements
Principle 1 Conduct and govern with integrity, and in a manner that is Ethical, Transparent,
and Accountable.
94.83% of Directors, 100% of KMPs and 99.89% of other employees received periodic training on business conduct,
regulatory compliance, ethics and ESG parameters.
Zero complaints relating to conflicts of interest during the reporting period, and Maintained an efficient accounts
payable cycle with an average payment period of 12 days.
Strengthened Group-wide governance through the implementation of a third-party Compliance Management
System (CMS), replacing the internally developed platform to enhance compliance monitoring and oversight
Principle 2 Provide goods and services in a manner that is sustainable and safe.
~91% of inputs sourced sustainably, based on sustainability assessments of top value chain partners representing
approximately 50% of total procurement value.
Maintained a plastic-free office environment, with paper, tissues and cardboard-based biodegradable
alternatives in use.
Information Security Management System (ISMS) certified under ISO/IEC 27001, reinforcing robust information
security and data protection practices.
Business Responsibility & Sustainability Report 2025-26 04
Principle 3 Respect and promote the well-being of all employees, including those in value chains.
100% of permanent & other than permanent employees covered under health & Accident insurance, and 100%
of eligible permanent & other than permanent employees covered by maternity and paternity benefits.
Achieved a 100% return-to-work rate for male & Female employees post parental leave and 100% of permanent
employees covered under gratuity benefits.
Zero workplace safety incident in FY 2025-26.
Certified as a Great Place to Work® – India 2026, reflecting our commitment to an inclusive and high-performance
workplace culture.
Accessible workplaces with ramps, wheelchair-friendly infrastructure, accessible elevators and Braille-enabled lift
signage for differently abled stakeholders.
Principle 4 Respect the interests of and be responsive to all its stakeholders
Regular comprehensive stakeholder engagement through multiple channels to understand stakeholders
expectations, inform decision-making, shape strategy, report progress and to address economic, environmental
& social concerns.
Transparent and timely communication on the Company's performance and strategic priorities.
05 Motilal Oswal Financial Services Limited
Business overview Statutory reports Financial statements
Principle 5 Respect and promote human rights
100% of employees were paid more than the applicable minimum wage.
93.68% of p
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