Capital Income Builder reduces shareholding in 360 ONE WAM Ltd to 3.11% through open market sale

1 min read     Updated on 10 Apr 2026, 12:48 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Capital Income Builder disclosed a substantial acquisition under SEBI SAST Regulations, involving a net sale of 6,278,438 shares in 360 ONE WAM Ltd through open market transactions. The entity's shareholding decreased from 5.3197% to 3.1128%, with total holdings changing from 4,730,130 to 12,642,082 shares. The disclosure was signed by Katherine Z. Solomon from Capital Research and Management Company, the investment adviser for Capital Income Builder.

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360 one wam has received a substantial acquisition disclosure from Capital Income Builder under Regulation 29 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure reveals a significant change in the entity's shareholding pattern through open market transactions.

Transaction Details

Capital Income Builder executed a net sale of shares in 360 ONE WAM Ltd through open market operations. The transaction involved the sale of 6,278,438 shares, representing a 2.2069% reduction in the entity's shareholding percentage.

Transaction Parameter: Details
Mode of Transaction: Net sale through open market
Shares Sold: 6,278,438
Percentage Reduction: 2.2069%
Transaction Date: 08 April 2026

Shareholding Pattern Changes

The disclosure provides a comprehensive view of Capital Income Builder's shareholding before and after the transaction. Prior to this sale, the entity held 4,730,130 shares, representing 5.3197% of the total share capital.

Shareholding Details: Before Transaction After Transaction
Number of Shares: 4,730,130 12,642,082
Shareholding Percentage: 5.3197% 3.1128%
Voting Rights Percentage: 5.3197% 3.1128%

Company Capital Structure

The disclosure also reveals changes in 360 ONE WAM Ltd's equity share capital structure. The company's total voting capital increased significantly from 88,917,869 shares before the transaction to 406,138,438 shares after the transaction.

Capital Structure: Amount
Equity Capital Before Transaction: 88,917,869 shares
Equity Capital After Transaction: 406,138,438 shares
Total Diluted Share Capital: 406,138,438 shares

Regulatory Compliance

The disclosure was signed by Katherine Z. Solomon, Vice President and Senior Counsel, Legal and Compliance, representing Capital Research and Management Company, which serves as the investment adviser for Capital Income Builder. The document was executed in Los Angeles, California, and dated 09 April 2026, ensuring compliance with SEBI's substantial acquisition disclosure requirements.

Capital Income Builder is not classified as belonging to the promoter or promoter group of 360 ONE WAM Ltd. The company's shares are listed on both BSE Limited and the National Stock Exchange of India, providing liquidity for such open market transactions.

Historical Stock Returns for 360 One WAM

1 Day5 Days1 Month6 Months1 Year5 Years
+1.46%+8.44%-2.17%-6.62%+25.24%+224.64%

What factors drove the massive 357% increase in 360 ONE WAM's total share capital, and how will this dilution impact existing shareholders' returns?

Will Capital Income Builder continue reducing its stake below 3% to avoid future disclosure requirements, and what does this signal about their investment thesis?

How might this significant share dilution affect 360 ONE WAM's stock price performance and market valuation in the coming quarters?

360 ONE WAM Ltd. Records Rs. 43.25 Crore NSE Block Trade at Rs. 1000.60 Per Share

1 min read     Updated on 09 Apr 2026, 12:18 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

360 ONE WAM Ltd. recorded a significant NSE block trade worth Rs. 43.25 crores involving approximately 432,259 shares at Rs. 1000.60 per share. The substantial transaction highlights institutional activity in the wealth management company's stock and demonstrates significant investor participation in the equity shares.

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360 one wam witnessed a substantial block trade on the National Stock Exchange (NSE), highlighting significant institutional activity in the wealth management company's shares. The transaction represents one of the notable trading activities for the company in recent times.

Block Trade Details

The NSE block trade involved a considerable volume and value, demonstrating strong investor participation in 360 ONE WAM Ltd.'s equity shares.

Parameter: Details
Total Transaction Value: Rs. 43.25 crores
Number of Shares: ~432,259 shares
Price Per Share: Rs. 1000.60
Exchange: National Stock Exchange (NSE)

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell substantial quantities of shares without significantly impacting the stock's market price. These transactions are conducted outside the regular trading mechanism and often indicate strategic investment decisions or portfolio rebalancing activities.

The execution price of Rs. 1000.60 per share for this block trade provides insight into the institutional valuation of 360 ONE WAM Ltd.'s equity at the time of transaction. The substantial volume of approximately 432,259 shares suggests significant institutional interest in the wealth management company's stock.

Transaction Overview

The Rs. 43.25 crore transaction value reflects the scale of institutional participation in 360 ONE WAM Ltd.'s equity. Such large-scale block trades often serve as indicators of institutional confidence and can influence broader market sentiment toward the company's shares.

Historical Stock Returns for 360 One WAM

1 Day5 Days1 Month6 Months1 Year5 Years
+1.46%+8.44%-2.17%-6.62%+25.24%+224.64%

Will this institutional buying signal trigger additional large-scale investments in 360 ONE WAM's stock in the coming quarters?

How might this block trade impact 360 ONE WAM's stock liquidity and trading volumes in the near term?

Could this transaction indicate potential strategic partnerships or acquisition discussions involving 360 ONE WAM?

More News on 360 One WAM

1 Year Returns:+25.24%