Brief: Motilal Oswal Financial Services Approves Scheme Of Arrangement

Motilal Oswal Financial Services

27/07/2023 13:24

July 27 (Reuters) - Motilal Oswal Financial Services Ltd
 MOFS.NS :
    * APPROVED SCHEME OF ARRANGEMENT
    * APPROVED ARRANGEMENT BETWEEN CO, GLIDE TECH INVESTMENT
ADVISORY,
MOTILAL OSWAL WEALTH
    * PROPOSED ARRANGEMENT INVOLVES TRANSFER OF B&D UNDERTAKING
INTO
GLIDE BY WAY OF SLUMP SALE
    * PROPOSED ARRANGEMENT INVOLVES DEMERGER OF WEALTH BUSINESS
UNDERTAKING OF MOWL INTO MOFSL
    * APPROVED SALE OF IDENTIFIED INVESTMENTS FROM ITS
INVESTMENTS
PORTFOLIO TO GLIDE

Source text for Eikon:  ID:nBSE4Wyth8 
Further company coverage:  MOFS.NS 

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