360 ONE WAM LIMITED — QIP/Rights/Pref., 22-04-2025: Preferential issue

360 ONE WAM Limited has announced a board meeting to finalize an exclusive strategic collaboration with UBS AG, enhancing wealth management solutions for clients. The plan includes the issue of 2,05,02,939 warrants to UBS at Rs. 1,030 per warrant, convertible into equity shares, representing a premium of 14% over the recent VWAP. Additionally, the company will acquire UBS’s India Wealth Business, valued at approximately Rs. 307 Cr, which includes various wealth management services. The total transaction is projected to bolster the firm's market standing and expand its client offerings.