Motilal Oswal moves up as its arm inks pact to raise $100 million from ADB
Motilal Oswal Financial Services is currently trading at Rs. 712.70, up by 6.30 points or 0.89% from its previous closing of Rs. 706.40 on the BSE.
The scrip opened at Rs. 703.10 and has touched a high and low of Rs. 718.60 and Rs. 703.10 respectively. So far 1360 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1097.00 on 28-Oct-2025 and a 52 week low of Rs. 487.85 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 735.65 and Rs. 672.80 respectively. The current market cap of the company is Rs. 42500.30 crore.
The promoters holding in the company stood at 67.62%, while Institutions and Non-Institutions held 13.35% and 19.02% respectively.
Motilal Oswal Financial Services’ subsidiary -- Motilal Oswal Home Finance (MOHFL) has entered into an agreement to raise $100 million in INR-equivalent from the Asian Development Bank (ADB) in the form of debt through Non-Convertible Debenture (NCD).
The financing represents an important milestone for MOHFL and reflects strong confidence from a leading global development finance institution in the company’s business model, governance framework, and long-term growth prospects.
The proceeds from the ADB financing will be used to provide affordable housing loans to women borrowers, and 10% of the proceeds will be deployed to finance the construction of residential units that meet recognised green building certification standards, supporting the adoption of environmentally sustainable construction practices.
