360 ONE WAM LIMITED — JV/Acquisition, 13-12-2024: Acquisition

360 ONE WAM LIMITED's subsidiary, 360 ONE Alternates Asset Management Limited, has entered into a share purchase agreement to acquire a 15% stake in Maple Infra InvIT Investment Manager Private Limited for approximately ₹5.04 crore (Cr), at ₹2.25 per share. This minority investment strengthens 360 ONE’s position in the infrastructure investment sector, aligning with their strategy to enhance market presence through investments in established trust management entities. Completion of the acquisition is expected by December 20, 2024, enabling potential operational synergies and strategic growth in infrastructure assets.