Motilal Oswal Financial Services Limited upgraded to AA+ by India Ratings — 15 Sep 2026
On 2026-09-15, India Ratings upgraded Motilal Oswal Financial Services Limited, moving the rating from AA to AA+ with a Stable outlook. 6 bonds on file are tied to this entity, 1 other rating action on record between 2026-07-22 and 2026-07-22.
As filed with NSE: “Upgrade, IND AA+ (earlier IND AA)”
| Entity (company that filed) | Motilal Oswal Financial Services Limited · issuer page |
| Action | Upgrade |
| Previous rating | AA |
| New rating | AA+ |
| Outlook | Stable |
| Action date | 2026-09-15 |
| Agency | India Ratings |
| Source | The company’s credit rating disclosure to NSE ↗ (SEBI LODR Reg 52(4)). The action type is as the company reported it. |
| Bond | Coupon | Maturity |
|---|---|---|
| Motilal Oswal Financial Services May 2027 NCD | — | 2027-05-09 |
| Motilal Oswal Financial Services 9.10% May 2027 NCD | 9.10% | 2027-05-09 |
| Motilal Oswal Financial Services 9.35% May 2029 NCD | 9.35% | 2029-05-09 |
| Motilal Oswal Financial Services 8.97% May 2029 NCD | 8.97% | 2029-05-09 |
| Motilal Oswal Financial Services 9.30% May 2034 NCD | 9.30% | 2034-05-09 |
| Motilal Oswal Financial Services 9.70% May 2034 NCD | 9.70% | 2034-05-09 |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-07-22 | CRISIL | Upgrade | AA+ |
About this page: This page restates a rating action by India Ratings, a SEBI-registered credit rating agency, as the company disclosed it to NSE under SEBI LODR Reg 52(4); the action type and ratings are as filed. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.