Financial Technologies (FTIL) promoted – National Spot Exchange (NSEL) as on date owes Rs 253.92 crore to Motilal Oswal Group i.e. Motilal Oswal Financial Services and/or its subsidiaries. Notwithstanding the above, Motilal Oswal Group has consolidated net-worth of Rs 1,236.70 crore as on June 30, 2013 and no borrowings on its Balance Sheet.
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