INDIA MARKET LENS
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Motilal Oswal group secures licence for custodian services from SEBI

SEBI is in focus.

23 Sept 2026 · Business Standard Mkts, ET Stocks, Economic Times Markets

Motilal Oswal Custodial Services (MOCSPL), a wholly owned subsidiary of Motilal Oswal Financial Services (MOFSL), has received approval from the Securities and Exchange Board of India to act as a Custodian of Securities under the SEBI (Custodian) Regulations, 1996.

  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.