Motilal Oswal to raise funds

Aug. 19: Motilal Oswal Financial Services Ltd has offered a public issue of 2,982,710 equity shares of Rs 5 each at a premium. The issue includes a reservation of 142,310 equity shares for the subscription by the eligible employees of the company. The net issue will constitute 10 per cent of the post issue paid up capital of the company. The issue opens on August 20 and closes for the subscription on August 23.