Motilal Oswal Financial Services Limited (NSEI:MOTILALOFS) acquired Mo Alternative Ifsc Private Limited on December 12, 2022. MO Alternate has become a wholly owned subsidiary Motilal Oswal. Thus business combination transaction is accounted for under acquisition method.

Motilal Oswal Financial Services Limited (NSEI:MOTILALOFS) completed the acquisition of Mo Alternative Ifsc Private Limited on December 12, 2022.