Capital Income Builder reduced its stake in 360 one wam to 3.1128% following the sale of 62,78,438 equity shares on April 8, 2026. The open market transaction, which decreased its holding by 2.2069%, was disclosed to the Bombay Stock Exchange and the National Stock Exchange of India under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The sale was executed through the open market, resulting in a net reduction of the investor's position. Prior to this transaction, Capital Income Builder held 4,730,130 shares, representing 5.3197% of the total share and voting capital. Following the disposal, the entity retains 12,642,082 shares, equating to 3.1128% of the diluted share and voting capital. The company's total equity share capital increased from 88,917,869 shares before the transaction to 406,138,438 shares after, reflecting a significant change in the capital base during this period.

Transaction Details

The disclosure was signed by Katherine Z. Solomon, Vice President and Senior Counsel for Legal and Compliance at Capital Research and Management Company, the investment adviser acting for Capital Income Builder. The filing was dated April 09, 2026, from Los Angeles, California. There were no encumbrances, pledges, or liens reported on the shares held by the acquirer before or after the transaction. Additionally, no voting rights were acquired or disposed of otherwise than by shares, nor were any warrants or convertible securities involved in the deal.

What the Numbers Show

The divergence between the pre-transaction share count (4,730,130) and the post-transaction share count (12,642,082), despite a net sale of 62,78,438 shares, indicates a substantial increase in the company's total outstanding equity capital. The total voting capital rose from 88,917,869 to 406,138,438 shares. This suggests that while Capital Income Builder reduced its absolute number of shares, the dilution effect from the increased capital base is a key factor in the percentage drop from 5.3197% to 3.1128%. Investors should note that the percentage decline reflects both the active selling by the entity and the broader expansion of the company's share capital.

360 one wam Limited has amended the lock-in provisions of its Share Purchase and Share Subscription Agreement (SPSSA) concerning the acquisition of 360 ONE Capital Market Private Limited. The modification, executed on July 28, 2026, permits the allottees to maintain their shareholding restrictions on an aggregate basis rather than individually, offering greater flexibility in compliance with the original agreement’s release schedule.

The amendment follows a request from the allottees, Mr. Saahil Murarka and Batlivala & Karani Resources Management Private Limited. Under the original SPSSA, signed on January 27, 2025, these parties were subject to a lock-in period with a periodic release of shares amounting to 20% of their respective individual shareholdings annually. The new agreement consolidates this requirement, allowing the two entities to manage the 20% annual release collectively.

Key Details of the Amendment

The company disclosed that all other terms and conditions of the SPSSA remain unchanged. This includes the aggregate number of shares held by the allottees and the overall duration of the lock-in period. The change is strictly procedural, shifting the unit of measurement for the annual release from individual holdings to a combined total.

Regulatory Disclosure

The disclosure was submitted to the Listing Department of BSE Limited and the National Stock Exchange of India Ltd. on July 28, 2026. Rohit S. Bhase, Company Secretary of 360 ONE WAM Limited, signed the communication, confirming that the amendment was executed pursuant to the allottees’ request. The company emphasized that the fundamental structure of the acquisition agreement remains intact, with only the mechanism for monitoring the lock-in release being adjusted.

This adjustment simplifies the administrative process for the allottees while ensuring that the total volume of shares released into the market over time remains consistent with the original agreement's intent. No financial impact or change in ownership percentage is associated with this procedural amendment.