Bengaluru, May 25: Motilal Oswal Financial Services has unveiled its new ‘Motilal Oswal Tower’ in Bengaluru today. In a ceremony hosted today, Gurudev Sri Sri Ravi Shankar inaugurated the tower in the presence of Mr Motilal Oswal, Group Managing Director and CEO of Motilal Oswal Financial Services Ltd., and Mr Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services Ltd.
The Motilal Oswal Tower in Bengaluru, strategically located in the heart of the Silicon Valley of India, is a spacious 6-storey building spanning across a plot area of 1708.5 sq. meters. The tower will accommodate approximately 435 employees. It comes with several unique facilities such as LEED Certification, a Collaborative Area at floor level, a Phone Booth, a Gym, a Recreation facility, Mechanical High Rise Workstations, a roof-covered Cafeteria, Mechanical Stack Car Parking, Modern Contemporary Office Design, Roof Top 3D Display, Double Height Atrium, rainwater harvesting, STP and Terrace Roof Cafeteria. The facility’s parking includes 32 mechanical stack car parking slots, six slots for open car parking, and 100+ slots for bike parking.
Commenting on the significance of this event, Mr Motilal Oswal, Group Managing Director and CEO of Motilal Oswal Financial Services Ltd., said, “Bangalore has always been a significant city in Motilal Oswal’s network of operations, making it imperative for us to have a strong physical hub in the city. Motilal Oswal Tower in Bengaluru will be just the office space needed to firmly establish the company’s commitment to serving the local client base and nurturing regional talent while providing enhanced services for our Karnataka-based customers. The office is more than just a physical property for us; it is a milestone in our endless pursuit of providing the best workplace to our employees.”
Mr Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services Ltd., added, “The inauguration of Motilal Oswal Tower in Bengaluru proves our strategic vision and commitment to growth. This new facility marks our expanding footprint and represents our dedication to providing top-notch infrastructure and a conducive working environment for our employees. We believe this will significantly boost our regional operational efficiency and service delivery.”
For many years, Motilal Oswal has been present in Bengaluru through branches and subsidiaries of its various business verticals. The newly launched Motilal Oswal Tower, Bengaluru, will host offices of its Asset Management, Broking and Distribution, Housing Finance, Private Wealth, Online Advisory, IFA, and PCG Advisory businesses.
The organisation acquired the tower on March 29, 2023, in the thriving Kumara Park neighbourhood of Seshadripuram. The new property will be the firm’s second independent tower in Bangalore, which highlights its commitment to expanding its physical footprint in all key financial centers of the country.
Headquartered in Mumbai, Motilal Oswal Financial Services has a presence in 2500 centers through branches. The company has decided to expand its presence in major cities and open offices in other cities. Last year, the company also purchased a new property in Ahmedabad to build a third Motilal Oswal Tower.
