Motilal Oswal Financial Services Limited allotted 5,15,126 equity shares to employees through ESOP exercise, approved by the Finance Committee on February 13, 2026. The largest allocation of 3,89,191 shares came from ESOP Scheme IX, while the remaining shares were distributed across three other schemes. The newly allotted shares rank pari-passu with existing equity shares.
Motilal oswal financial services Limited has completed the allotment of 5,15,126 equity shares to employees who exercised their stock options under the company's Employee Stock Option Scheme (ESOP). The allotment was approved by the Finance Committee of the Board of Directors during its meeting held on February 13, 2026.
ESOP Allotment Details
The equity shares were distributed across four different ESOP schemes operated by the company. The allocation demonstrates the company's commitment to employee participation in its growth story through equity ownership.
ESOP Scheme Shares Allotted ESOP Scheme VII 29,000 ESOP Scheme VIII 81,835 ESOP Scheme IX 3,89,191 ESOP Scheme X 15,100 Total 5,15,126
Share Characteristics and Rights
The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects. This means that the shares carry identical rights and privileges as the existing equity shares, including voting rights, dividend entitlements, and other shareholder benefits.
Committee Meeting Details
The Finance Committee meeting that approved this allotment commenced at 05:00 p.m. and concluded at 05:30 p.m. on February 13, 2026. The company has informed both BSE Limited (Security code: 532892) and National Stock Exchange of India Limited (Symbol: MOTILALOFS) about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Compliance
The allotment has been carried out pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions, ensuring transparency in corporate actions involving equity allotments.
Motilal Oswal Financial Services Limited has released the complete transcript of its Q3FY26 earnings conference call held on January 28, 2026, providing comprehensive insights into the company's strong financial performance and strategic outlook. The transcript was made available on February 3, 2026, following the company's earlier audio recording release.
Strong Q3FY26 Financial Performance
The company delivered robust results for Q3FY26, with operating profit after tax growing 16% year-on-year to ₹611 crores. The growth was primarily driven by Asset and Private Wealth businesses, which expanded 32% YoY and now contribute over 50% to the group's operating profit.
Financial Metric: Q3FY26 Performance Operating Profit After Tax: ₹611 crores (+16% YoY) Asset & Private Wealth Growth: +32% YoY Contribution to Group Profit: Over 50% Interim Dividend: ₹6 per share (+20% vs ₹5 previous year)
Business Segment Highlights
Asset Management Excellence
The Asset Management business demonstrated strong momentum with net flows reaching ₹11,600 crores in Q3FY26. Assets Under Management (AUM) stood at ₹1.89 lakh crores as of December 31, 2025, marking a 33% YoY growth. The company's mutual fund AUM market share reached an all-time high of 2.7%, while maintaining superior performance with 91% of AUM outperforming respective benchmarks over three years.
AMC Business Metrics: Performance Net Flows Q3FY26: ₹11,600 crores Total AUM: ₹1.89 lakh crores (+33% YoY) MF Market Share: 2.7% (highest ever) SIP Flows: ₹4,500+ crores (1.5x YoY) Alternates AUM: ₹34,284 crores
Private Wealth Management Growth
The Private Wealth Management division continued its expansion trajectory with AUM growing 31% YoY to ₹1.95 lakh crores. The business now serves over 8,200 families, representing 41% YoY growth, supported by a relationship manager team of 410+ professionals.
Wealth Management Resilience
Despite market challenges, the Wealth Management business maintained stability with PAT at ₹181 crores. The distribution book expanded 34% YoY to ₹42,775 crores, while the Annual Recurring Revenue (ARR) book grew 33% YoY, reducing dependency on transaction-based revenues.
Strategic Developments and Outlook
Alternates Business Expansion
The company's Indian Business Excellence Fund (IBEF) V has cumulatively raised approximately ₹8,000 crores, targeting a final close of ₹8,350 crores in Q4FY26. This represents nearly double the previous fundraise, continuing the pattern of doubling fund sizes across five series over 17 years.
Fund Evolution: Size Fund I: $62.5 million Fund II: $125 million Fund III: $250 million Fund IV: $500 million Fund V: $950 million
New Product Launches
The company launched its private credit fund in January 2026, marking entry into the emerging private credit segment. This addition strengthens the group's recurring revenue base and provides new distribution opportunities for both Wealth and Private Wealth Management businesses.
Management Commentary and Future Vision
Group Managing Director Navin Agarwal highlighted the company's positioning for multi-decadal growth opportunities, citing India's transition from $1 trillion to $4 trillion GDP over the past 17 years. The management expects the next 17 years to quadruple GDP to $16 trillion with cumulative savings of $47 trillion.
Regulatory Compliance and Access
The transcript disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The complete document is accessible at www.motilaloswalgroup.com , with the company confirming no Unpublished Price Sensitive Information was shared during the call.
Source: Motilal Oswal Financial Services Limited
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