360 ONE WAM LIMITED — Board Meeting, 27-01-2025: Outcome of Board Meeting

The Board of Directors of 360 ONE WAM Limited has convened to approve significant strategic moves, including the acquisition of Batlivala & Karani Securities India Private Limited and Batlivala & Karani Finserv Private Limited for a total consideration of ₹1,884.13 crore. The acquisition will involve ₹600 crore in cash and the issuance of one crore equity shares at ₹1,174.13 each, subject to regulatory approvals. Additionally, Mr. Sandeep Tandon has been appointed as an Additional, Non-Executive, Independent Director for a five-year term. Financial results reveal a 41.7% YoY increase in PAT, reaching ₹275 crore for the quarter.