360 ONE WAM Board to Consider Issue of Share and Warrant for Growth Boost

Mumbai, April 16, 2025 – 360 ONE WAM Ltd, one of India's top wealth and asset management companies, today said that its board will consider in the near future a proposal for issuing new equity shares and/or warrants. The initiative is intended to raise capital to finance expansion plans, upgrade service offerings, and capitalize on emerging opportunities in India's rapidly growing financial services industry.

 

Key Points:

 

Proposal Under Consideration:

The 360 ONE WAM board is set to consider and, if approved, issue equity shares and/or convertible warrants. If adopted, this strategic move will give the business more financial leeway to drive growth.

 

Purpose of Capital Raise:

The probable funds will be utilized to facilitate organic and inorganic growth, invest in digitalization, and advance client-centric platforms. The capital may also be utilized for new products launches, geographical expansion, and upgrade in technology.

 

Market Context:

India's asset and wealth management sector is experiencing strong growth, driven by increasing prosperity, financialization of savings, and growing investor investment in capital markets. 360 ONE WAM's foray indicates direction to strengthen its leadership and gain from emerging business streams.

 

Possible Structure:

The firm can choose a qualified institutional placement (QIP), rights issue, or preferential allotment, as may be approved by the regulators and with the consent of the shareholders. The warrants, if issued, would provide investors with a structured route to equity participation.

 

Leadership Insights:

A company spokesperson said,

"Considering new share and warrant issuance is part of our vision to remain future-ready, agile, and committed to maximizing stakeholder value."

 

Outlook:

If approved, the capital raise would place 360 ONE WAM on the growth acceleration path and drive more market share in India's vibrant financial services industry.

 

Source: Company announcement, stock exchange filings, April 16, 2025.