ALPHA TRIBE

360 ONE WAM LIMITEDUpdates, 20-02-2025: Amendment(s)

20-02-2025 | 01:16 pm

360 ONE WAM Limited has announced a board meeting with the primary focus on a revised price for equity shares and warrants related to the acquisition of Batlivala & Karani Securities. The price per equity share has been adjusted from ₹1,174.13 to ₹1,174.76, while the total acquisition consideration remains unchanged at ₹1,774.24 crore. This move reflects a strategic valuation update, ensuring alignment with market conditions.

For investors, this adjustment signals a stable acquisition strategy, which could foster a positive outlook amidst ongoing corporate developments, though there is a slight upward revision in pricing that may affect immediate financing dynamics.

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