Deals & Growth
The Economic Times25 Sept 2026, 12:52 pm IST
Motilal Oswal subsidiary receives SEBI approval for custodian services
What happened
- Motilal Oswal Custodial Services Private Limited (MOCSPL) received approval from SEBI to act as a custodian of securities.
- The company will provide services like safekeeping of assets, trade settlement, and regulatory reporting to institutional clients.
- Operations are scheduled to begin in the last quarter of 2026.
Key terms explained
Financial terms from this story, in everyday words.
- Custodian of Securities
- An entity responsible for the safekeeping of financial assets and managing trade settlements for clients.
Original source
The Economic Times
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