360 ONE WAM LIMITED — JV/Acquisition, 20-02-2025: Acquisition

360 ONE WAM LIMITED has entered into an amendment agreement regarding its acquisition of Batlivala & Karani Securities India Private Limited. The total acquisition cost remains at Rs. 1,774.24 crore, but the price per equity share and warrants has been revised from Rs. 1,174.13 to Rs. 1,174.76. This adjustment reflects a refined valuation determined by an independent valuer, aimed at ensuring clarity and compliance with regulations. The company intends to utilize both cash and the issuance of equity shares for this transaction, potentially enhancing shareholder value through strategic alignment and operational integration.