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Mr. Raamdeo Ramgopal Agrawal, Promoter of Motilal Oswal Financial Services Limited ("the Company") and Mrs. Vimla Motilal Oswal, forming part of the Promoter Group, had transferred 1,82,500 equity shares each, aggregating to 3,65,000 equity shares, representing 0.06% of the total paid-up equity share capital of the Company to Motilal Oswal Healthcare Foundation ("MOHF") on June 08, 2026 for philanthropy purpose. Consequent to the aforesaid transaction, MOHF has been categorized as a Part of Promoter Group of the Company in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended from time to time). 2. The Company had submitted an application to the Stock Exchange(s) on April 30, 2026, seeking reclassification of certain members of the Promoter Group from the Promoter Group category to the Public category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Subsequently, the Company received the No-objection letters from the Stock Exchange(s) on June 12, 2026. The proposal for approval of the shareholders in respect of the aforesaid reclassification forms part of the Notice convening the Annual General Meeting (AGM) dated June 22, 2026 and will be considered by the shareholders at the AGM scheduled to be held on July 14, 2026. 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