Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with HDFC Life acquiring the entire stake. The transaction reflects strong institutional interest in financial-sector stocks and does not indicate any change in promoter control.
Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with HDFC Life acquiring the entire stake. The transaction reflects strong institutional interest in financial-sector stocks and does not indicate any change in promoter control.
<iframe src="https://hindustansphere.com/embed/cluster/a40ec2f3712167e813bc7364b817929eb1be782f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stake"></iframe>
Two promoter-group charitable entities of Motilal Oswal Financial Services Limited sold shares worth about Rs 153 crore through block deals on Monday, with HDFC Life Insurance Company Limited emerging as the buyer.According to NSE block deal data, Motilal Oswal Foundation and Motilal Oswal Healthcare Foundation together sold 18.2 lakh shares of Motilal Oswal Financial Services at Rs 842.5 per share. The larger transaction was executed by Motilal Oswal Foundation, which sold 14.55 lakh shares, t…
