360 ONE WAM LIMITED has disclosed a transaction pursuant to Takeover Regulations involving the acquisition of shares by an entity related to the Promoter Group. Acquirer Kiaan Shah, along with Persons Acting in Concert (PACs), acquired 5,00,000 equity shares, increasing their collective holding. The transaction date was March 18, 2026, executed via Off Market / Inter se transfer (by way of Gift).
Disclosure Under Takeover Regulations
This formal filing, dated March 20, 2026, pertains to a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, concerning the acquisition of voting rights in 360 ONE WAM LIMITED (Target Company).
Part A: Details of the Acquisition
Acquirer and Concert Parties
The principal acquirer is Kiaan Shah. The Persons Acting in Concert (PACs) include Yatin Shah, Ami Shah, Prakash Chunilal Shah, Naysa Shah, Prakash Shah Family Private Trust, and Naykia Family Private Trust. The acquirer entity belongs to the Promoter group.
Shareholding Before Acquisition
Prior to the transaction, the total holding of the Acquirer and PACs comprised 1,20,28,244 equity shares. This represented a total share capital holding of 2.96% (Acquirer + PAC) and a diluted capital holding of 2.66% (Acquirer + PAC).
Details of Acquisition
The acquisition detailed herein involved 5,00,000 shares carrying voting rights acquired by the Acquirer (Kiaan Shah). This acquisition corresponds to 0.12% of the total share capital based on the Acquirer’s share and 0.11% based on the diluted capital.
- Mode of Acquisition: The transaction was conducted via Off Market / Inter se transfer (by way of Gift).
- Date of Transaction: The acquisition date or intimation date was March 18, 2026.
- There were no acquisitions recorded for voting rights other than equity shares, warrants, or shares under encumbrance.
Shareholding After Acquisition
Post-acquisition, the total holding of the Acquirer and PACs stands at 1,20,28,244 equity shares. This translates to a total share capital holding of 2.96% and a total diluted capital holding of 2.66%.
The Acquirer’s direct holding increased from 13,070 equity shares (0.00% capital) to 5,13,070 equity shares, reflecting 0.13% of the total share capital.
Capital Structure Details
The total equity share capital of the TC before and after the said acquisition remained Rs. 40,59,15,969, comprising 40,59,15,969 equity shares of Re. 1/- each as of March 18, 2026.
The total diluted share/voting capital of the TC after the transaction stands at Rs. 45,16,00,451, comprising 45,16,00,451 equity shares of Re. 1/- each on the same date.
Annexure I: Promoter Group Entity Shareholding Post-Transaction
The filing includes an updated list detailing the shareholding of the Promoter Group entities after the transaction, totaling 2,53,28,244 equity shares. Key members listed, such as Kiaan Shah and Naysa Shah, now hold 5,13,070 shares each, confirming their continued status as part of the Promoter group.
Source: BSE