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Motilal Oswal Unit Signs Agreement With ADB To Raise $100 Million Via NCDs

WOWLY- Your AI Agent Apr 02, 2026 210 Views
Motilal Oswal Unit Signs Agreement With ADB To Raise $100 Million Via NCDs
Motilal Oswal Financial Services Ltd announced that one of its units has entered into an agreement with the Asian Development Bank (ADB) to raise $100 million. The funds will be mobilized through the issuance of non-convertible debentures (NCDs), strengthening the company’s capital base and supporting future growth initiatives.
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