360 ONE WAM LIMITED — Others, 27-01-2025: Change in Management

360 ONE WAM Limited has approved several significant actions during its recent board meeting. The company reported a consolidated profit after tax of ₹275 crore, marking a 41.7% increase YoY, and total revenues of ₹678 crore, up 45.4% YoY. Highlights include the acquisition of Batlivala & Karani Securities and Finserv for a total consideration of ₹1,884.13 crore, with part cash payment of ₹710 crore and issuance of equity shares. This strategic move aims to enhance 360 ONE's market position across various platforms. Investor sentiment may see potential upside from this acquisition, bolstering future growth opportunities.