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Motilal Oswal subsidiary picks stake in Kusumgar
The Free Press Journal - Mumbai
|September 25, 2025
Motilal Oswal Financial Services Ltd (MOFSL) has made a significant investment in Kusumgar Ltd, a textile company specializing in high-performance synthetic engineered fabrics, according to a ScanX News report.
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The acquisition, valued at approximately Rs 100 crore, involves the purchase of 10,95,890 compulsorily convertible preference shares and 16,43,836 equity shares of Kusumgar Ltd through a wholly owned subsidiary of MOFSL. The tr
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