ALPHA TRIBE

360 ONE WAM LIMITEDOthers, 23-04-2025: Monitoring Agency Report

23-04-2025 | 07:20 pm

360 ONE WAM LIMITED has submitted the monitoring agency report for the quarter ended March 31, 2025, concerning its ₹2,250 crore (Cr) Qualified Institutional Placement (QIP). The report, prepared by CARE Ratings, confirms that the proceeds have been utilized as outlined in the offer document, with no deviations reported. Key expenditures included investments in the company's subsidiary for capital adequacy, alternate asset management, and general corporate purposes. This consistent utilization promotes a positive outlook for maintaining investor confidence, reflecting effective management of the company's growth initiatives. The report is accessible on the company's website.

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