360 ONE WAM LIMITED — Others, 27-01-2025: Monitoring Agency Report

360 ONE WAM Limited has submitted the Monitoring Agency Report for the quarter ended December 31, 2024, concerning its Qualified Institutional Placement (QIP) of ₹2,250 crore. No deviations were reported in the utilization of funds, affirming that proceeds were allocated as intended. The company has effectively used these funds to strengthen its capital adequacy and support its alternate asset management initiatives.

This positive assessment from CARE Ratings may bolster investor confidence, reflecting prudent financial management and potential for growth as the company expands its operations in asset management. Overall, the outlook appears encouraging, with appropriate adherence to the previously outlined objectives.