StockWatch
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Other Financial Services
Corporate Action22 Oct 2026, 11:54 am

360 ONE WAM Allots 2.05 Cr Shares to UBS AG Post Warrant Conversion

AI Summary

360 ONE WAM has allotted 2,05,02,939 equity shares to UBS AG upon conversion of warrants, following receipt of the balance 75% of the exercise price amounting to Rs. 1583,85,20,377.50. The allotment was made at an issue price of Rs. 1,030 per equity share. This conversion increases the company's issued, subscribed, and paid-up share capital to Rs. 42,84,17,139, comprising 42,84,17,139 equity shares. Post-allotment, UBS AG holds approximately 4.8% of the company's paid-up equity share capital. This event marks a significant step in the strategic collaboration between the two institutions.

Key Highlights

  • 2,05,02,939 equity shares allotted to UBS AG.
  • Total consideration received: Rs. 1583,85,20,377.50.
  • Issue price per share: Rs. 1,030.
  • UBS AG now holds ~4.8% stake in 360 ONE WAM.
  • Company's paid-up capital increased to Rs. 42.84 Cr.