Motilal Oswal Financial Services Limited has incorporated a wholly-owned subsidiary, Motilal Oswal Asset Management (IFSC) Limited (MOAM IFSC), in the International Financial Services Centre (IFSC), GIFT City, Gujarat, India. The incorporation was completed on October 18, 2025, according to an official filing. The new subsidiary will focus on asset management activities.
Subsidiary Incorporation
Motilal Oswal Financial Services Limited announced the establishment of a new wholly-owned subsidiary named Motilal Oswal Asset Management (IFSC) Limited (MOAM IFSC). The subsidiary was officially incorporated on October 18, 2025.
Location
The new entity is located in the International Financial Services Centre (IFSC), GIFT City, Gujarat, India.
Business Focus
MOAM IFSC aims to engage in establishing, sponsoring, and managing retail schemes and investment funds, including alternative investment funds. It will also provide investment advisory, distribution, referral services, and portfolio management services to various investment entities and individuals. In addition to these core services, the subsidiary will offer administrative support to its clients.
Source: BSE