360 One Wam Ltd

360 One Wam announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 May 2025.Powered by Capital Market - Live

Net profit of 360 ONE WAM rose 2.88% to Rs 249.60 crore in the quarter ended March 2025 as against Rs 242.61 crore during the previous quarter ended March 2024. Sales rose 3.74% to Rs 820.77 crore in the quarter ended March 2025 as against Rs 791.17 crore during the previous quarter ended March 2024. For the full year,net profit rose 26.25% to Rs 1015.30 crore in the year ended March 2025 as against Rs 804.21 crore during the previous year ended March 2024. Sales rose 31.46% to Rs 3295.09 crore in the year ended March 2025 as against Rs 2506.46 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales820.77791.17 4 3295.092506.46 31 OPM %56.1936.18 -60.7851.48 - PBDT343.94339.44 1 1504.981065.18 41 PBT324.27322.89 0 1434.451008.54 42 NP249.60242.61 3 1015.30804.21 26 Powered by Capital Market - Live

360 One Wam announced that the Board of Directors of the Company at its meeting held on 23 April 2025, has recommended a First Interim dividend of Rs.6 per share (i.e.600%), subject to the approval of the shareholders.Powered by Capital Market - Live

The Board of  360 ONE WAM at its meeting held on 22 April 2025 has approved the following: A. exclusive strategic collaboration term sheet between the Company and UBS AG, for making wealth management solutions available to domestic and global clients and execution thereof; and B. issue of 2,05,02,939 warrants on a preferential issue basis to UBS AG at a price of Rs. 1,030/- (Rupees One Thousand and Thirty only) per warrant, convertible into an equivalent number of fully paid-up equity shares of the Company of face value of Re. 1/- each, within a maximum period of 18 (eighteen) months from the date of allotment, subject to the approval of shareholders of the Company. The issue price represents a premium of 14% to the 3-day VWAP price preceding the relevant date i.e. 17 April 2025; and C. also took note of the proposed acquisition of India Wealth Business of affiliates of UBS AG by subsidiaries of the Company, including the stock broking services and distribution business; discretionary and non-discretionary portfolio management services business on a slump sale basis and acquisition of the residual loan portfolio of wealth management clients as of the date of consummation of the transaction. The active assets under management stood at ~Rs 26,000 crore as on December 31, 2024. The net consideration for the transaction is Rs. 307 crore.Powered by Capital Market - Live

360 ONE WAM announced today that it has entered into an exclusive strategic collaboration with UBS, one of the world's leading wealth managers and universal banking firms headquartered in Switzerland. This exclusive strategic collaboration combines 360 ONE's local knowledge and reach with UBS's global and regional expertise to deliver enhanced benefits to clients. As part of this collaboration, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative opportunities for asset management products and investment banking services will also be explored. In addition, 360 ONE will acquire UBS's onshore wealth management business in India through its subsidiaries. UBS will also purchase warrants amounting to 4.95% stake in 360 ONE, demonstrating UBS's commitment to the fast-growing ultra and high-net-worth Indian market. The entire transaction will be subject to the necessary regulatory approvals. A joint committee led by senior leadership from both institutions will be established to explore growth opportunities. This is a first step towards a powerful collaboration, which will further enhance the value proposition and unlock synergies for our clients and employees.Powered by Capital Market - Live

360 ONE WAM has allotted 6,23,912 equity shares under ESOS on 19 April 2025. Consequent to the aforesaid allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 39,30,73,939/- comprising of 39,30,73,939 equity shares of Re. 1/- each, to Rs. 39,36,97,851/- comprising of 39,36,97,851 equity shares of Re. 1/- each.Powered by Capital Market - Live

The company will raise funds through a proposed issue of equity shares/ warrants at a determined price, by way of preferential issue, in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements), Regulations 2018 and the Companies Act, 2013 as amended subject to necessary regulatory/statutory approvals as may be required. Additionally, the board will consider and approve the notice for convening a general meeting or conducting a postal ballot to obtain shareholders' approval for the proposed fundraise. 360 ONE WAM (Formerly known as IIFL Wealth Management Limited) is the leading financial services provider, offering specialised solutions in the fields of wealth and asset management. The company's consolidated net profit jumped 43.9% to Rs 276.47 crore in Q3 FY25 as compared with Rs 192.11 crore in Q3 FY24. Total income jumped 39.3% YoY to Rs 934.34 crore in Q3 FY25.Powered by Capital Market - Live

360 One Wam will hold a meeting of the Board of Directors of the Company on 22 April 2025.Powered by Capital Market - Live

360 One Wam will hold a meeting of the Board of Directors of the Company on 23 April 2025.Powered by Capital Market - Live

360 ONE WAM has allotted 1,47,478 equity shares under ESOS on 20 March 2025. Consequent to the aforesaid allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 39,29,26,461/- comprising of 39,29,26,461 equity shares of Re. 1/- each, to Rs. 39,30,73,939/- comprising of 39,30,73,939 equity shares of Re. 1/- each.Powered by Capital Market - Live