ALPHA TRIBE

360 ONE WAM LIMITEDOthers, 28-04-2025: Shareholders meeting

28-04-2025 | 08:44 pm

360 ONE WAM LIMITED has announced a board meeting to convene an Extraordinary General Meeting (EGM) via video conferencing for shareholders to approve the preferential issue of 2,05,02,939 warrants to UBS AG, priced at ₹1,030 each, aggregating to ₹2,111.80 Cr. The resolution aims to authorize the conversion of these warrants into fully paid-up equity shares to support business financing and debt management across its subsidiaries. The warrants will have an exercise period of 18 months from allotment and are expected to enhance the company's capital structure, positively impacting shareholder value.

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