ALPHA TRIBE

360 ONE WAM LIMITEDQIP/Rights/Pref., 06-02-2025: Allotment of Securities

06-02-2025 | 11:44 pm

360 ONE WAM LIMITED has completed a preferential allotment of 3,590,000 fully paid-up equity shares at a price of ₹779.93 each to Times Internet Limited. This issuance, valued at approximately ₹280 Cr, supports the part discharge of the acquisition of Moneygoals Solutions Limited's entire equity share capital. Following this allotment, the company's paid-up share capital rises to ₹39.26 Cr. Consequently, Moneygoals Solutions Limited is now a wholly owned subsidiary of 360 ONE WAM, with its subsidiary Banayantree Services Limited becoming a step-down wholly owned subsidiary.

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