Motilal Oswal Financial Services Limited has announced the allotment of 7,900 Fully paid, Secured, Rated, Redeemable, and Listed Senior Bonds in the nature of Non-Convertible Debentures (NCDs). Each NCD has a face value of ₹1,00,000, aggregating to a total issuance of ₹79 Crore. The allotment was approved by the company’s Finance Committee on September 16, 2026, with the NCDs set to mature in five years.
Motilal Oswal Financial Services Allots ₹79 Crore NCDs
Motilal Oswal Financial Services Limited has successfully completed a significant issuance by approving the allotment of 7,900 Non-Convertible Debentures (NCDs). This corporate action, approved by the company’s Finance Committee on September 16, 2026, involves securities that are fully paid, secured, rated, redeemable, and listed. The total value of this NCD issuance amounts to ₹79 Crore.
Key Details of the NCD Issuance
Each of the 7,900 NCDs carries a face value of ₹1,00,000 (Rupees One Lakh Only), contributing to the aggregate amount of ₹79 Crore (Rupees Seventy Nine Crore Only). These Senior Bonds are structured as Non-Convertible Debentures and are proposed to be listed on the National Stock Exchange of India Limited (NSE). The tenure of these instruments is set at 5 Years, with an allotment date of September 16, 2026, and a maturity date of September 16, 2031.
The NCDs are secured by a first-ranking, pari passu charge by way of hypothecation over all present and future receivables of the Company. This security arrangement is further detailed in the Debenture Trust Deed. The cash flows illustrate an initial allotment of ₹1,00,000 per debenture on September 16, 2026, followed by annual coupon payments of ₹8,700 for five years, and a final principal redemption of ₹1,00,000 on September 16, 2031.
Source: BSE
