ALPHA TRIBE

360 ONE WAM LIMITEDOthers, 20-02-2025: Corrigendum

20-02-2025 | 05:21 pm

360 ONE WAM LIMITED has issued a corrigendum to its Extraordinary General Meeting (EGM) notice for the financial year 2024-25. The company will hold the EGM on February 25, 2025, at 2 p.m. via video conferencing. Key updates include a revised valuation report concerning a proposed preferential issue of equity shares and warrants to be issued at Rs. 1,174.76 per share, an adjustment reflecting a total acquisition consideration of Rs. 1,774.24 cr for Batlivala & Karani Securities India Pvt. Ltd. This strategic acquisition aims to strengthen the company's broking capabilities across various market segments. Investors may view this as a positive outlook given the potential for expanded market reach and enhanced operational synergies.

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