5328922026-11-042026-11-045328922026-11-045328922026-11-04ChangeInManagementDomain15328922026-11-042026-11-04ChangeInManagementDomain15328922026-11-04ChangeInManagementDomain25328922026-11-042026-11-04ChangeInManagementDomain25328922026-11-04ChangeInManagementDomain35328922026-11-042026-11-04ChangeInManagementDomain35328922026-11-04ChangeInManagementDomain45328922026-11-042026-11-04ChangeInManagementDomain45328922026-11-04ChangeInManagementDomain55328922026-11-042026-11-04ChangeInManagementDomain55328922026-11-04ChangeInManagementDomain65328922026-11-042026-11-04ChangeInManagementDomain65328922026-11-04ChangeInManagementDomain75328922026-11-042026-11-04ChangeInManagementDomain75328922026-11-04ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain15328922026-11-042026-11-04ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain15328922026-11-04ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain25328922026-11-042026-11-04ResignationOfDirectorOrKeyManagerialPersonnelOrSeniorManagementPersonnelOrComplianceOfficerDomain2xbrli:pureMOTILALOFSMotilal Oswal Financial Services Limited532892NOTLISTEDINE338I01027trueListed Entity (self)true2026-11-0314:30:0015:37:0071) The Board has approved the appointment of Mr. Vishal Tulsyan (DIN: 00139754) as an Additional Director in the capacity of Whole-time Director of the Company, with effect from a date on or before January 31, 2027. 2) The Board has noted the resignation of Mr. Ajay Menon (DIN: 00024589) from the position of Whole-time Director of the Company and Chief Executive Officer of the Wealth Management business, with effect from a date on or before January 31, 2027. 3) The Board has noted the resignation of Mr. Ashish Shankar from the position of MD & CEO of the Private Wealth business and as Senior Management Personnel of the Company, with effect from a date on or before January 31, 2027.2026-11-04AppointmentDirectorExecutive DirectorNot ApplicableWTDMr.Vishal Tulsyan2027-01-3160Mr. Vishal Tulsyan, founder of the MO Alternates platform has led the platform admirably over the last 20 years. From being an MD & CEO he was elevated to the role of Executive Chairman in 2024. Along with his home grown top leadership team, Vishal in the last 20 years has been instrumental in making MO Alts amongst the largest & most successful domestic platforms in India. Vishal is being inducted into the MOFSL board, will continue to play a key role in MOFSL strategy and guide the MO Altsleadership in its next build up phase as Executive Chairman. Given MOFS’s ambitious growth plans for the Alts platform, we are now strengthening the leadership capabilities by appointing a MD & CEO of Motilal Oswal Alternates.Not ApplicabletruefalseAppointmentSenior Management PersonnelSenior Management PersonnelMr.Padmanabh Sinha2026-11-11Padmanabh is a seasoned private equity and alternatives leader with nearly 30 years of investing and leadership experience across India and global markets, spanning top global sovereign funds and Indian corporations as well as institutions. He is a former ED & CIO at National Investment and Infrastructure Funds (NIIF), India’s sovereign-linked alternative asset manager with $ 5 billion AUM. His previous stints have been with Tata Capital where he grew from CIO to Managing Partner of the Tata Opportunities Fund. He co-founded the India office and also worked as MD – India at Temasek, where he was responsible for ~USD 1 Bn of investments. He is an alumnus of IIM Kolkatta and BITS Pilani.CessationResignationDirectorExecutive DirectorNot ApplicableWTDMr.Ajay Menon2027-01-31trueAppointmentKey Managerial PersonnelChief Executive OfficerMr.Suresh Shukla2026-11-04Suresh Shukla, currently ED & CBO of the Wealth Management Business will be taking over as the MD & CEO of the business. Suresh is a veteran in the Broking & Wealth Management industry and brings with him nearly 30 years of professional expertise spanning across Retail broking, Digital transformation, Sales and Distribution. Prior to joining MOFS, Suresh served a 25 year stint at Kotak Securities and a 3 year stint at SBI Securities with end-to-end P&L responsibility across business verticals and led a workforce of over 16,000 professionals across 180+ branches.CessationResignationSenior Management PersonnelSenior Management PersonnelMr.Ashish Shankar2027-01-31trueAppointmentSenior Management PersonnelSenior Management PersonnelMr.Anupam Guha2026-11-04The Private Wealth business of MOFS Group is currently co-led by Anupam Guha and Ashish Shankar. Going forward, Anupam Guha & Akash Hariani will co-lead the PWM business as MD & CEO’s driving the private wealth franchise to the next level. Anupam Guha and Akash Hariani are industry veterans, each with nearly 30 years of experience, and have been a part of the MOFS leadership team. Both of them have been instrumental in scaling up the MOPWM franchise. Pratik Oswal, co-promoter & board member, is being designated as Chairman - MOPWM and will work with both Anupam & Akash to grow this business manifold. These appointments reflect the Group's continued focus on building a strong leadership pipeline, nurturing internal talent and bringing in leadership capabilities. Every leadership change has unleashed the next big phase of growth in the last 30 years and we are confident that this is one more such important milestone in MOFS Group’s journey.AppointmentSenior Management PersonnelSenior Management PersonnelMr.Akash Hariani2026-11-04The Private Wealth business of MOFS Group is currently co-led by Anupam Guha and Ashish Shankar. Going forward, Anupam Guha & Akash Hariani will co-lead the PWM business as MD & CEO’s driving the private wealth franchise to the next level. Anupam Guha and Akash Hariani are industry veterans, each with nearly 30 years of experience, and have been a part of the MOFS leadership team. Both of them have been instrumental in scaling up the MOPWM franchise. Pratik Oswal, co-promoter & board member, is being designated as Chairman - MOPWM and will work with both Anupam & Akash to grow this business manifold. These appointments reflect the Group's continued focus on building a strong leadership pipeline, nurturing internal talent and bringing in leadership capabilities. Every leadership change has unleashed the next big phase of growth in the last 30 years and we are confident that this is one more such important milestone in MOFS Group’s journey.Mr.Ajay MenonExecutive Director2026-11-032027-01-31trueTo explore an entrepreneurial venture outside the organization.Mr.Ashish ShankarSenior Management Personnel2026-11-032027-01-31trueTo explore an entrepreneurial venture outside the organization.