Motilal Oswal Financial Services Allots 184,582 Shares Following Employee Stock Option Exercise
Motilal Oswal Financial Services Limited announced the allotment of 184,582 equity shares to employees who exercised their options under the company's Employee Stock Option Scheme (ESOP Scheme).The Board of Directors' Finance Committee approved the allotment of the shares during its meeting held on Monday, May 11, 2026. The shares were allotted to option grantees who exercised their options under the company’s Motilal Oswal Financial Services Limited Employees Stock Option Scheme.
The total allotment of 184,582 shares was drawn from six distinct ESOP schemes:
| Sr. No. | Name of the Scheme | No. of Shares allotted |
|---|---|---|
| 1 | ESOP Scheme V | 15,000 |
| 2 | ESOP Scheme VI | 10,000 |
| 3 | ESOP Scheme VII | 27,500 |
| 4 | ESOP Scheme VIII | 54,600 |
| 5 | ESOP Scheme IX | 67,232 |
| 6 | ESOP Scheme X | 10,250 |
| Total | 1,84,582 |
The company stated that the newly allotted equity shares will rank pari-passu with the existing equity shares of Motilal Oswal Financial Services Limited.
MOTILALOFS Stock Price Movement
Shares of Motilal Oswal Financial Services Limited today slipped by 2.15% to settle at ₹860.7. The equity experienced active trading throughout the session, logging a total volume of 873,695 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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