MOFSL Reappoints Motilal Oswal As MD & CEO; Rajat Rajgarhia As Whole-Time Director

Motilal Oswal has been reappointed as Managing Director and Chief Executive Officer (MD & CEO) of Motilal Oswal Financial Services Limited (MOFSL) with effect from January 18, 2026.

Further, Rajat Rajgarhia has been reappointed as Whole-Time Director of the company with effect from July 31, 2025.

Motilal Oswal co-founded MOFSL in 1987 with a vision to bring transparency and professionalism to equity broking. He has received multiple honours, including the ‘Rashtriya Samman Patra’ from the Government of India for being among the highest taxpayers for five consecutive years. He was named the ‘Excellent Business Achiever’ by ICAI and received the ‘Samaj Ratna Award’ at Rashtrapati Bhavan. His institution-building efforts were recognised by AIMA, while Franchising World inducted him into their ‘Hall of Fame’.

Rajat Rajgarhia is a Chartered Accountant with an MBA from Management Development Institute, Gurgaon. He began his career at Indiainfoline and joined Motilal Oswal Financial Services Limited (MOFSL) in 2001 as a Research Analyst. In his role as Executive Director – Whole-Time Director, Rajgarhia plays a key part in shaping the firm’s research-driven investment strategies for institutional clients. His leadership has contributed to MOFSL’s reputation for in-depth equity research and advisory services. With over two decades of experience in the capital markets, he continues to be an integral part of MOFSL’s senior management team.

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