Motilal Oswal Financial Services Implements Wholly-Owned Subsidiary for Pension Fund Management
Motilal Oswal Asset Management Company Limited (MOAMC), a material wholly-owned subsidiary of Motilal Oswal Financial Services Limited, has incorporated its new wholly-owned step-down subsidiary: Motilal Oswal Pension Fund Management Limited. The establishment of this entity is intended to cater to the specialized area of pension fund management in India.Motilal Oswal Pension Fund Management Limited (MOPF) was incorporated on June 04, 2026. Its primary objective is defined as carrying out the business of managing pension fund schemes regulated by the Pension Fund Regulatory and Development Authority (PFRDA) or any other statutory or government authority established under relevant statutes.
The incorporation aligns with MOAMC's existing operational capabilities in this sector. Prior to the subsidiary's formation, MOAMC had already received a Letter of Appointment from PFRDA on May 05, 2026, granting it authorization to act as a Sponsor of Pension Funds. MOPF will proceed with necessary approvals from relevant authorities before commencing its business operations.
The establishment of MOPF is structured entirely through a wholly-owned acquisition by MOAMC. The terms specify that MOPF was established via 100% subscription of the Equity Share Capital in cash at Face Value.
| Particulars | Details |
|---|---|
| Target Entity Name | Motilal Oswal Pension Fund Management Limited (MOPF) |
| Incorporation Date | June 04, 2026 |
| Industry | Financial Services |
| Objects | To manage pension fund schemes regulated by PFRDA or any other statutory/government authority. |
MOAMC is a Related Party in this venture, as it is a material wholly-owned subsidiary of Motilal Oswal Financial Services Limited. The promoter and the Promoter Group do not have any interest in MOPF beyond their shareholding in the parent company, MOAMC.
MOTILALOFS Stock Price Movement
Motilal Oswal Financial Services Limited shares slipped today, shedding 4.50% in the market and settling at ₹821.15. The stock recorded a daily trading volume of 829,029 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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