360 ONE WAM LIMITED — Others, 28-01-2025: Action(s) taken or orders passed

360 ONE Distribution Services Limited (a wholly owned subsidiary of 360 ONE WAM Limited) has received a penalty order from the National Stock Exchange of India, amounting to ₹11.73 crore. The order highlights that 360 ONE DSL failed to adequately prevent its clients from engaging in certain transactions deemed inappropriate. Despite the imposition of the penalty, the company noted that there is no significant impact on its financials or operations. The subsidiary plans to seek legal counsel regarding potential appeals. Investors might view this as a neutral impact, balancing regulatory scrutiny with minimal financial consequences.