Kush Bhagat, a member of the Promoter/Promoter Group of 360 ONE WAM LIMITED, has acquired additional equity shares, resulting in a change in holding under the Takeover Regulations. The acquisition involved 13,50,000 equity shares through an Off Market/Inter se transfer (by way of Gift) on March 11, 2026. Post-acquisition, the total shareholding of Kush Bhagat and Persons Acting in Concert (PACs) stands at 3.28% of the total share capital.
Disclosure of Substantial Acquisition by Promoter Group
This filing confirms a disclosure made by 360 ONE WAM LIMITED regarding a transaction involving the acquisition of shares by Kush Bhagat, who belongs to the Promoter/Promoter Group. The transaction was executed on March 11, 2026, and pertains to shares carrying voting rights in the company.
Pre-Acquisition Shareholding Snapshot
Prior to the current transaction, the total holding of the Acquirer (Kush Bhagat) and his Persons Acting in Concert (PACs)—which include Karan Bhagat, Shilpa Bhagat, Kyra Bhagat, and various family trusts—amounted to 1,33,00,000 equity shares. This represented a total share capital holding of 3.28% (Acquirer + PAC) on a voting rights basis, and 2.95% on a diluted basis.
Details of the Acquisition Transaction
The details of the acquisition are as follows:
- Shares Acquired: The acquirer (Kush Bhagat) acquired 13,50,000 equity shares.
- Percentage Change: This acquisition increased the Acquirer’s holding by 0.33% of the total share capital, while the PACs reported no change in their direct holdings through this specific transaction.
- Mode of Transfer: The shares were acquired through an Off Market / Inter se transfer (by way of Gift).
- Date of Event: The date of acquisition/receipt of intimation was March 11, 2026.
Post-Acquisition Consolidated Holding
Following the transaction, the consolidated shareholding of Kush Bhagat and his PACs is detailed below:
- Total Equity Shares Held: The combined holding has increased slightly to 1,33,00,000 equity shares.
- Total Share Capital Holding: The total percentage holding on a voting rights basis now stands at 3.28% (Acquirer: 0.33%; PAC: 2.94%).
- Total Diluted Holding: On a fully diluted basis, the combined holding stands at 2.95% (Acquirer: 0.30%; PAC: 2.65%).
Promoter Group Details (Annexure I)
Annexure I provides a breakdown of the entire Promoter and Promoter Group entities, including sellers and PACs, after accounting for this transaction. Key members of the group include Yatin Shah (holding 1,06,99,820 shares) and various family trusts. The total shareholding of all listed Promoter and PAC entities before this transaction amounted to 2,53,28,244 equity shares.
Capital Structure Context
The total equity share capital/total voting capital of 360 ONE WAM LIMITED before and after the acquisition remains consistent at Rs. 40,59,15,969, comprising 40,59,15,969 equity shares of Re. 1/- each as of March 11, 2026. The total diluted share capital remains at Rs. 45,16,00,451.
Source: BSE
