NSEGeneral Updates2d ago · 28 Aug 2026, 07:09 pm
General Updates
360 ONE WAM LIMITED · 360ONE
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360 ONE WAM LIMITED has informed about the withdrawal of proposed transfer of AIF Business from its subsidiary PML to AMC and instead transferring it to another wholly owned subsidiary AAM. The transfer is aimed at consolidating the alternative investment funds and is expected to result in a larger investment platform and operational efficiency.
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Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
360 ONE WAM LIMITED has informed regarding Disclosure of material events with respect to subsidiaries of the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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August 28, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block,
Dalal Street, Bandra - Kurla Complex, Bandra (E),
Mumbai 400 001. Mumbai 400 051.
BSE Scrip Code: 542772 NSE Symbol: 360ONE
Dear Sir / Madam,
Subject: Disclosure of material events with respect to subsidiaries of the Company under
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”)
We refer to our intimation dated April 18, 2026, wherein we had informed that the board of
directors of 360 ONE Portfolio Managers Limited, a wholly owned subsidiary of the Company
(“PML”) and 360 ONE Asset Management Limited, also a wholly owned subsidiary of the
Company (“AMC”), at their respective meetings held on April 18, 2026, had inter-alia
approved the transfer of business consisting of management of the alternative investment
funds in the capacity of acting as an investment manager (“AIF Business”) from the PML to
AMC.
We now wish to inform you that the board of directors of PML, at its meeting held today, has
approved:
1. withdrawal of proposed transfer of AIF Business to AMC; and
2. instead, transfer of AIF Business (“Business Transfer”) from PML to 360 ONE Alternates
Asset Management Limited, another wholly owned subsidiary of the Company (“AAM”).
Further, the board of directors of AMC, has today taken note of withdrawal of proposed
transfer of AIF Business from PML and the board of directors of AAM, at its meeting held
today, has approved acquisition of AIF Business from PML to AAM.
The AIF Business is proposed to be transferred on a going concern and on slump sale basis for
a lump sum consideration not being less than the net book value of the said business (subject
to necessary adjustment of working capital), with effect from such date as may be determined
by PML and AAM and upon such other terms and conditions as mentioned in the draft
business transfer agreement, subject to other approvals / consents / permissions as may be
required.
360 ONE WAM LIMITED
Corporate & Registered Office: 360 ONE Centre, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013
Tel (91-22) 4876 5100 Fax (91-22) 4341 1895 Email secretarial@360.one www.360.one CIN: L74140MH2008PLC177884
The proposed Business Transfer is aimed at consolidating the alternative investment funds
from PML to AAM and is expected to result in a larger investment platform allowing sharper
focus on this particular business segment and is also expected yield operational efficiency.
Since, both PML (“Transferor”) and AAM (“Transferee”) are wholly owned subsidiaries of the
Company and the aforesaid Business Transfer is not to any third party:
1. it is not prejudicial to the interests of the investors of the Transferor, creditors of the
Transferor and Transferee, shareholders and creditors of the Company or the public at
large,
2. it does not benefit the promoter and promoter group of the Company in any manner,
3. it does not change the shareholding of the Company, Transferor or Transferee in any
manner.
Please take the same on your records.
Thanking you.
Yours truly,
For 360 ONE WAM LIMITED
Rohit Bhase
Company Secretary
ACS: 21409
360 ONE WAM LIMITED
Corporate & Registered Office: 360 ONE Centre, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013
Tel (91-22) 4876 5100 Fax (91-22) 4341 1895 Email secretarial@360.one www.360.one CIN: L74140MH2008PLC177884