360 ONE WAM Limited has submitted monitoring agency reports concerning its preferential issue of warrants for the quarter ended September 30, 2025. The reports, prepared by CARE Ratings Limited, indicate that the funds were utilized appropriately and in alignment with the objectives outlined in the offer documents. These reports were reviewed by the audit committee and the Board of Directors on October 17, 2025.
Preferential Issue of Warrants: Monitoring Report
360 ONE WAM Limited announced the submission of monitoring agency reports related to the preferential issue of warrants for the quarter ending September 30, 2025 (Q2 FY26). CARE Ratings Limited, the monitoring agency, stated that all proceeds from the preferential issues were used appropriately, consistent with the offer document’s objectives.
Key Highlights from the Monitoring Reports
The CARE Ratings reports highlighted key aspects of two separate preferential issues:
1.Preferential Issue of Equity Convertible Warrants: The reports confirm that utilization is aligned with disclosures in the Offer Document and there was no deviation from objectives.
2.Second Preferential Issue of Equity Convertible Warrants The proceeds from the issue were utilized according to plan, with no adverse findings noted. This involved investments in subsidiaries, specifically 360 ONE Prime Ltd, and 360 ONE Alternates Asset Management Ltd.
Details from CARE Ratings Reports
For the initial preferential issue, totaling ₹391.59 crore, the funds were earmarked for repayment of debt (₹293.69 crore) and other general corporate purposes. For a later issue aggregating ₹2,111.80 crore, the funds are designated for investment in broking subsidiaries and general corporate activities.
Shareholding
The promoter shareholding has declined from 14.20% as of March 31, 2025, to 6.27% as of June 30, 2025.
Source: BSE
