360 ONE WAM Limited has successfully completed the conversion of warrants held by UBS AG, allotting 2,05,02,939 equity shares. This conversion, valued at an issue price of ₹1,030 per share, increases the company’s paid-up share capital to ₹42,84,17,139. The allotment marks a significant step in the strategic collaboration between the two institutions, with UBS AG now holding approximately 4.8% of 360 ONE WAM’s equity.
Equity Share Allotment to UBS AG
360 ONE WAM Limited announced the allotment of 2,05,02,939 equity shares to UBS AG upon the conversion of warrants. This significant issuance took place on October 22, 2026, following the receipt of the balance 75% of the warrant exercise price from UBS AG. The shares were allotted at an issue price of ₹1,030 per equity share.
Impact on Share Capital
The conversion and subsequent allotment have resulted in an increase in the company’s issued, subscribed, and paid-up share capital. Prior to this allotment, the capital stood at ₹40,79,14,200 comprising 40,79,14,200 equity shares. Post-allotment, the share capital has risen to ₹42,84,17,139, representing 42,84,17,139 equity shares of Re. 1/- each. The newly allotted equity shares will rank pari passu with the existing equity shares of the company.
Strategic Collaboration Milestone
This event signifies a key milestone in the ongoing strategic collaboration between 360 ONE WAM and UBS AG. UBS AG, a leading global wealth manager, now holds approximately 4.8% of the equity stake in 360 ONE WAM Limited, following the exercise of all warrants initially allotted on a preferential basis on July 21, 2025. The total consideration for this conversion was ₹2,111,80,27,170.
Source: BSE
