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360 ONE WAM LIMITED — M&A Activity 2025
Jan 23, 2025
61416_rns_2025-01-23_961a0955-f46e-4be0-a2e0-f6dc00151f7f.pdf
M&A Activity
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January 23, 2025
The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. BSE Scrip Code: 542772 NSE Symbol: 360ONE
Dear Sir / Madam,
Subject: Update with respect to our intimation to stock exchanges dated June 12, 2024
We refer to our intimation dated June 12, 2024, inter-alia with regard to the proposed acquisition by the Company, of the entire fully paid-up equity share capital of Moneygoals Solutions Limited ( “MGSL” ) from Times Internet Limited ( “TIL” ) and resultant acquisition of Banayantree Services Limited ( “BTSL” a wholly owned subsidiary of MGSL) by the Company, subject to necessary approval(s) of the regulatory authorities.
In this regard, we would like to update you that BTSL has received the necessary prior approval under Securities and Exchange Board of India (Investment Advisors) Regulations 2013, on Wednesday, January 22, 2025, for the aforesaid acquisition and change of control of MGSL (and resultant acquisition and change of control of BTSL) from TIL to the Company.
Upon receipt of all the necessary approval(s) and/or no objections of regulatory authority(ies), the Company will then initiate steps for discharge of the Total Consideration (as referred to in our intimation dated June 12, 2024), in accordance with the applicable laws.
We request you to kindly note the above and oblige.
Thank you. Yours truly, For 360 ONE WAM LIMITED
ROHIT SHRINIWAS BHASE Digitally signed by ROHIT SHRINIWAS BHASE DN: c=IN, o=PERSONAL, pseudonym=9421616081934645adcfc1a0d4ef0566, 2.5.4.20=f3ccb280e3934ee3cab27d2a8d3957f3b42d472b212e856194b18be1d313495c, postalCode=400606, st=Maharashtra, serialNumber=f3a29d477a6af302b6e994490a879ca18ef7c528c4cce233d82e23f8dfd4e0bb, cn=ROHIT SHRINIWAS BHASE Date: 2025.01.23 16:43:50 +05'30' Rohit Bhase Company Secretary ACS: 21409
360 ONE WAM LIMITED
Corporate & Registered Office: 360 ONE Centre, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013
Tel (91-22) 4876 5600 Fax (91-22) 4341 1895 Email [email protected] www.360.one CIN:L74140MH2008PLC177884