360 ONE WAM LIMITED — JV/Acquisition, 27-01-2025: Acquisition

360 ONE WAM Limited plans to acquire 100% equity of Batlivala & Karani Securities India Pvt Ltd and Batlivala & Karani Finserv Pvt Ltd for a total consideration of ₹1,884.13 crore. This will include ₹600 crore in cash and 1 crore equity shares issued at ₹1,174.13 each. The acquisition aims to enhance 360 ONE's brokerage capabilities across various market segments and expand its equity capital markets presence. B&K Securities, known for its independent research and strong institutional client base, will bolster 360 ONE's position in the competitive landscape, further integrating research, advisory, and execution services.