Motilal Oswal Financial Services Limited has informed the Exchange that the Board of Directors ( the Board ) of the Company at its Meeting held on Wednesday, January 24, 2024 have, inter alia, considered and approved the following matters:4) Appointment of Mr. Amit Ramchandani, Chief Executive Officer (CEO) of Investment Banking (IB) Business of Motilal Oswal Investment Advisors Limited, a Wholly Owned Subsidiary of the Company as Senior Management Personnel ( SMP ) of the Company in place of Mr. Abhijit Tare based on recommendation of Nomination and Remuneration Committee ( NRC ).We request you to take the above on record and treat the same as compliance under the applicable provisions of the Listing Regulations.