StockWatch
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Other Financial Services
Shareholding7 May 2026, 08:20 am

360 ONE WAM: SMALLCAP World Fund Reduces Stake to 5.95%

AI Summary

SMALLCAP World Fund, Inc. has decreased its shareholding in 360 ONE WAM Ltd. from 7,110,521 shares (7.9967%) to 24,184,767 shares (5.9548%) through open market sales. This disclosure is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The transaction occurred on May 5, 2026, with the disclosure dated May 6, 2026.

Key Highlights

  • SMALLCAP World Fund's stake in 360 ONE WAM Ltd. decreased to 5.9548%.
  • The sale of shares was executed through the open market.
  • The disclosure is in compliance with SEBI's Takeover Regulations.
  • The transaction date was May 5, 2026.