360 ONE WAM LIMITED has issued a revised disclosure regarding the encumbrance status of shares held by promoter group members Mr. Kush Bhagat and Ms. Kyra Bhagat. The updated filing clarifies that the status for these specific promoters is ‘nil’. This action follows discussions with regulatory authorities to ensure accurate reporting of shareholding and encumbrance details as of March 13, 2026, maintaining full transparency for stakeholders.
Updated Disclosure Statement
Following a review of its regulatory filings, 360 ONE WAM LIMITED has submitted a revised disclosure concerning shareholding and encumbrance statuses. The primary amendment confirms that the ‘Promoter Holding Already Encumbered’ status for Mr. Kush Bhagat and Ms. Kyra Bhagat is ‘nil’. This update aligns the company’s records with recent internal discussions and ensures that all promoter group information is accurately reflected in public filings as of March 13, 2026.
Share Transfer and Ownership Context
The update follows a significant internal transaction involving Ms. Shilpa Bhagat, who executed an off-market inter-se transfer of 27,00,000 equity shares on March 11, 2026. Through this transfer, 13,50,000 shares were gifted to Mr. Kush Bhagat and 13,50,000 shares to Ms. Kyra Bhagat. These transfers are reflected in the updated shareholding structure of the promoter group.
Commitments and Restrictions
The company maintains clear protocols regarding the KB Group’s (Karan Bhagat and his PACs) shareholding. While there is no pledge or lien on the shares in favor of APAC Company XV Limited, certain restrictions exist under a retention and profit-sharing agreement. Specifically, shares held by the KB Group as of March 30, 2022, remain subject to defined transfer limitations, ensuring stability while providing flexibility for the group’s financial management.
Source: BSE
