Approval of Scheme of Arrangement between Passionate Investment Management Private Limited and MOPE Investment Advisors Private Limited and Motilal Oswal Real Estate Investment Advisors Private Limited and Motilal Oswal Real Estate Investment Advisors II Private Limited and MO Alternate Investment Advisors Private Limited and Motilal Oswal Financial Services Limited and their respective shareholders ('the Scheme') under Section 230-232 of the Companies Act, 2013. The Scheme is subject to necessary statutory approvals including the approval of Hon'ble National Company Law Tribunal, Mumbai Bench. The additional information required to be disclosed pursuant to Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed as Annexure A. The brief presentation explaining the entire arrangement is uploaded on the website of the Company at www.motilaloswalgroup.com. Further, the Company will file the Scheme with the Stock Exchange(s) pursuant to the Listing Regulations. Pursuant to the provisions of Regulation 30 of Listing Regulations'), please find enclosed a copy of advertisement published in Business Standard and Navshakti on February 15, 2022, with respect to Notice of Hearing of Petition scheduled on March 02, 2022, for sanctioning the Scheme of Arrangement. The said copies of advertisement(s) are also available on website of the Company at www.motilaloswalgroup.com. (As Per BSE Announcement dated on 15.02.2022) We are pleased to inform you that the Company has received today i.e., March 25, 2022 the Order of the Hon'ble National Company Law Tribunal, Mumbai Bench ('Hon'ble NCLT') dated March 11, 2022 sanctioning the Scheme. An uncertified copy of the said Order is made available on the Hon'ble NCLT website. The Order of the Hon'ble NCLT as uploaded on their website is attached for your record. The Scheme will become effective once the Order of the Hon'ble NCLT is filed by the respective companies with the Registrar of Companies, Mumbai. Kindly take the aforesaid on record. (As per BSE Announcement Dated on 25/3/2022) Pursuant to the Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time), we hereby inform the Exchange that the Board of Directors ('Board') of the Company at its Meeting held today i.e. March 30, 2022, have inter-alia transacted the following business: 1. Effective Date of the Scheme of Arrangement: The Scheme is made effective from March 30, 2022. 2. Fixation of the Record Date : The Company has fixed Tuesday, March 29, 2022 as the Record Date of the Demerged Companies and the Transferor Companies for the purpose of determining the entitlement for issue of Equity Shares of the Company to the Shareholders of the Demerged Companies and the Transferor Companies based on treatment mentioned in the Scheme. Kindly take the aforesaid on record. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) and the Order dated March 11, 2022 issued by the Hon'ble National Company Law Tribunal, Mumbai Bench approving the Scheme of Arrangement, we wish to inform Exchange that the Board of Directors of the Company at its Meeting held today i.e. March 30, 2022 have approved the allotment of 8,82,42,508 fully paid-up Equity Shares of Re. 1/- (Rupee One Only), to the Shareholders of the Demerged Companies and the Transferor Companies as per the treatment provided in the Scheme. Consequently, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased from Rs. 14,71,94,474/- (Rupees Fourteen Crore Seventy One Lakhs Ninety Four Thousand Four Hundred Seventy Four only) to Rs. 14,90,62,919/- (Rupees Fourteen Crore Ninety Lakhs Sixty Two Thousand Nine Hundred Nineteen only). Kindly take the aforesaid on record. (As Per BSE Announcement Dated on 30.03.2022)