Motilal Oswal Financial Services has appointed Sandeep Walunj its chief marketing officer. He will spearhead the marketing function across group businesses. Walunj brings with him around 28 years of experience in marketing, digital, product and innovation across the banking, financial services and insurance, retail and fast-moving consumer goods sectors. Before joining Motilal Oswal Financial Services, he was working with Nippon India Life Asset Management. Previously he has worked with organizations such as Big Bazaar, PepsiCo India Holdings and Reckitt Benckiser. He did his PGDM from IIM Ahmedabad after a degree in engineering. Sandeep Walunj appointed in place of Mrs. Rohini Kute, Head - Corporate Communication. Mrs. Kute continues to be
associated with the Company in the same capacity. Mrs. Rohini Kute ceased effective April 26, 2024. Reasons for
Change: Due to internal reorganization and based on the recommendation of Nomination and Remuneration Committee ("NRC"), below mentioned officers are being designated as Senior Management Personnel ("SMP") of the Company.