360 ONE WAM Announces Acquisitions of B&K Securities and B&K Finserv, Alongside ₹3.88 Billion Fundraising Initiative

360 ONE WAM Ltd has announced a series of significant developments to bolster its market position. The company completed the acquisition of Batlivala & Karani Securities India for ₹17.7 billion and acquired the entire stake of B&K Finserv for ₹1.1 billion, signaling its aggressive expansion strategy in financial services. Additionally, the board approved a preferential issue of up to 3.3 million warrants at ₹1,174.13 per warrant, aiming to raise substantial capital for growth initiatives. These strategic moves underscore 360 ONE WAM's commitment to strengthening its portfolio and enhancing shareholder value.

Source: Business Financial Updates