Motilal Oswal shareholders approve director appointments and remuneration via postal ballot
Motilal Oswal Financial Services Limited announced the voting results of resolutions stated in their postal ballot notice dated November 28, 2025. The voting period concluded on December 30, 2025, and...
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Why is Motilal Oswal Financial Services Limited in the news today?
Motilal Oswal Financial Services Limited (MOTILALOFS) is in the news due to the announcement details the successful passing of resolutions concerning director appointments and remuneration, indicating positive corporate governance and shareholder approval.
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Motilal Oswal shareholders approve director appointments and remuneration via postal ballot
December 31, 2025, 02:08 PM
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Motilal Oswal Financial Services Limited announced the voting results of resolutions stated in their postal ballot notice dated November 28, 2025. The voting period concluded on December 30, 2025, and the results were announced on December 31, 2025. Shareholders approved the appointment of Mr. Pratik Oswal and Mr. Vaibhav Agrawal as Non-Executive Directors, along with their remuneration. Additionally, Mr. Joseph Conrad Agnelo D’Souza and Mr. Ashok Kumar Parasmal Kothari were appointed as Independent Directors. All resolutions were passed with the requisite majority based on the Scrutinizer's Report.
The e-voting process saw significant participation, with a large percentage of votes cast in favor of each resolution across different shareholder categories (Promoter and Promoter Group, Public Institutions, Public Non-Institutions). For the appointment of Mr. Pratik Oswal as Non-Executive Director, 99.5388% of the votes polled were in favor. Similarly, the approval of his remuneration received 99.8755% in favor. The appointment of Mr. Vaibhav Agrawal as Non-Executive Director garnered 99.3265% in favor, and the approval of his remuneration received 99.8758% in favor. The appointment of Mr. Joseph Conrad Agnelo D’Souza as Independent Director saw 99.3087% in favor, and Mr. Ashok Kumar Parasmal Kothari's appointment as Independent Director received 99.9738% in favor.
The results, along with the Scrutinizer's Report, will be available on the company's website (www.motilaloswalgroup.com) and the National Securities Depository Limited's website (www.evoting.nsdl.com).
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