SMALLCAP World Fund, Inc. has reduced its shareholding in 360 ONE WAM Ltd. through a net sale in the open market. Following the transaction, which occurred on May 5, 2026, the investor’s stake in the company has decreased by 2.0419%. The fund’s current holding now stands at 5.9548% of the total equity capital of the company.
Details of the Divestment
In a significant change in shareholding, SMALLCAP World Fund, Inc. has offloaded 4,290,086 shares of 360 ONE WAM Ltd. The divestment, which was executed as a net sale through the open market, was concluded on May 5, 2026. This transaction marks a strategic adjustment to the investor’s portfolio composition regarding the target company.
Impact on Shareholding Pattern
Prior to this sale, SMALLCAP World Fund, Inc. held 7,110,521 shares, representing approximately 7.9967% of 360 ONE WAM Ltd.’s equity. Post-transaction, the total shareholding is now 24,184,767 shares (a figure adjusted for the company’s updated equity capital), accounting for 5.9548% of the total voting capital. The company’s total equity share capital is currently reported at 406,138,438 shares.
Source: BSE