Other Financial Services
Shareholding10 April 2026 at 04:39 am

Capital Income Builder reduces stake in 360 ONE WAM to 3.11%

AI Summary

Capital Income Builder has disclosed a change in its shareholding in 360 ONE WAM Ltd. under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The entity's stake decreased from 5.3197% to 3.1128% following a net sale of shares through open market transactions on April 08, 2026. While the absolute number of shares held by Capital Income Builder increased from 4,730,130 to 12,642,082, this percentage reduction is due to a significant increase in 360 ONE WAM's total equity share capital, which rose from 88,917,869 to 406,138,438 shares. The net sale of shares by Capital Income Builder amounted to 6,278,438 shares.

Key Highlights

  • Capital Income Builder reduced its stake in 360 ONE WAM.
  • Holding decreased from 5.3197% to 3.1128% post-transaction.
  • A net of 6,278,438 shares were sold via open market.
  • The transaction occurred on April 08, 2026.
  • 360 ONE WAM's total equity capital significantly increased.