Announced Wed, 23 Sept, 2026 · 18:50 IST
Motilal Oswal subsidiary gets SEBI custodian licence
MOTILALOFS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹1041.20
prior close
₹1039.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.5-0.6-0.8-1.2-2.8-4.3-4.5-4.9+3.9————
Up moveDown movePending
AI summary
Motilal Oswal Financial Services' wholly-owned subsidiary MOCSPL has received SEBI approval to act as a Custodian of Securities under the SEBI Custodian Regulations 1996, granted on September 23, 2026. The licence enables safekeeping of securities, trade settlement, corporate action processing and regulatory reporting for institutional clients such as mutual funds, PMS, AIFs, insurance firms and pension funds. Operations are set to commence in the last quarter of 2026.
Likely market impact
Adds a new fee-based revenue stream and completes the group's institutional services chain including execution, custody and post-trade support.