Motilal Oswal Financial Services Limited has informed the Exchange that "The ESOP Committee of the Board of Directors of the Company at its Meeting held on 03rd November, 2009 has allotted 14,300 Equity Shares of the face value of Re. 1 each fully paid-up to the Employees on exercise of the Stock Options granted in accordance with the provisions of the Motilal Oswal Financial Services Limited - Employees Stock option Scheme - III. Consequently, the paid-up share capital of the Company stands increased from Rs. 14,30,52,341 divided into 14,30,52,341 equity shares of Re. 1 each to Rs. 14,30,66,641 divided into 14,30,66,641 equity shares of Re. 1 each".
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