Motilal Oswal Financial Services Limited has announced the allotment of 30,000 fully paid, secured, rated, redeemable, listed, senior bonds. These Non-Convertible Debentures (NCDs) have a face value of ₹1,00,000 each, aggregating to ₹300 Crore. The allotment was approved by the Finance Committee of the Board on December 12, 2025.
Bond Allotment Details
The Finance Committee of Motilal Oswal’s Board of Directors approved the allotment of 30,000 fully paid, secured, rated, redeemable, listed, senior bonds in the nature of Non-Convertible Debentures (NCDs) on December 12, 2025.
Key Highlights
- Type of Securities: Secured, Rated, Redeemable, Listed, Senior Bonds (Non-Convertible Debentures)
- Total Amount: The face value of each bond is ₹1,00,000, with a total value aggregating to ₹300 Crore.
- Issuance Type: Private Placement
- Listing: The bonds will be listed on the National Stock Exchange of India Limited (NSE).
- Tenure: 3 years
- Allotment Date: December 12, 2025
- Maturity Date: December 12, 2028
Security and Charge
The principal amount of the NCDs and all interest will be secured by a first ranking pari passu charge by way of hypothecation on all present and future receivables of the Company. This security cover will be a minimum of 1.00 times.
Redemption Details
The table below illustrates the cash flows for each debenture:
| Schedule Date | Payment | Cashflow | No. of days | Amount in rupees per Bond |
|---|---|---|---|---|
| December 12, 2025 | Allotment Date | 100,000.00 | ||
| December 12, 2026 | Coupon | 365 | (8,150.00) | |
| December 12, 2027 | Coupon | 365 | (8,150.00) | |
| December 12, 2028 | Coupon | 366 | (8,150.00) | |
| December 12, 2028 | Principal on redemption | (100,000.00) |
Note: The payment of coupon, premium, interest, and maturity amount on due dates will comply with the SEBI NCS Master Circular and applicable tax laws.
Source: BSE