Motilal Oswal Financial Services Ltd approves raising of Rs. 1000 crores

The Board of Directors of Motilal Oswal Financial Services Ltd at its meeting held on April 30, 2016 which commenced at 12.45 p.m. and concluded at 2.45 p.m., considered and approved the raising of funds through issue and listing of Non Convertible Debentures on Private Placement basis, within the overall limits of Rs. 1000 crores, subject to the approval of the members.

Shares of MOTILAL OSWAL FINANCIAL SERVICES LTD. was last trading in BSE at Rs.297.8 as compared to the previous close of Rs. 291.85. The total number of shares traded during the day was 3248 in over 32 trades.

The stock hit an intraday high of Rs. 298 and intraday low of 291.1. The net turnover during the day was Rs. 959224.

Source : Equity Bulls

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