India:
- At its meeting on January 24, 2024, the Company’s Board of Directors declared an Interim Dividend on the Equity Shares for the Financial Year 2023-24. The dividend rate is set at Rs. 14/- per Equity Share with a face value of Re. 1/- each, sourced from the company’s profits.
- The Board has Fixed February 06, 2024, as the record date for the disbursement of the Interim Dividend.
- The Interim Dividend will be disbursed to all Equity Shareholders of the Company on or before February 23, 2024.
About Motilal Oswal Financial Services :
- Motilal Oswal Financial Services (MOFSL) began its journey in 1987 as a modest sub-broking unit, founded by two promoters and supported by a single peon. Since then, it has evolved into a well-diversified financial services powerhouse with a clear focus on wealth creation through knowledge.
- Presently, MOFSL operates across more than 550 cities, boasting over 2,500 business locations and managed by a proficient team exceeding 9,800 employees. This extensive network, combined with a diverse range of financial expertise, collaborates seamlessly to offer a comprehensive array of products and services spanning Retail and Institutional Broking, Private Wealth, Investment Banking, Private Equity, Asset Management, and Home Finance.
- All these businesses operate from a centralized location at Motilal Oswal Tower, Mumbai, facilitating the sharing and synergy of knowledge under one roof. This centralized approach enables efficient coordination and collaboration across different business units, ensuring the delivery of top-notch services to clients.