Motilal Oswal Financial jumps after HDFC Life Insurance buys stake via block deal
Mumbai, June 9 -- According to NSE block deal data, HDFC Life Insurance purchased 18.20 lakh shares of Motilal Oswal Financial Services at Rs 842.50 per share.
The sellers were Motilal Oswal Foundation and Motilal Oswal Healthcare Foundation, which offloaded 14.55 lakh shares and 3.65 lakh shares, respectively, at the same price. The two transactions together represented about 0.30% of the company's equity.
Based on the deal price, the transaction was valued at approximately Rs 153.34 crore.
HDFC Life Insurance Company, Motilal Oswal Foundation and Motilal Oswal Healthcare Foundation did not feature among the disclosed shareholders in Motilal Oswal Financial Services' shareholding pattern as of 31 March 2026.
Motilal Oswal Financial S...
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