SMALLCAP World Fund cuts stake in 360 ONE WAM Ltd
SMALLCAP World Fund, Inc. sold 42.90 lakh shares of 360 ONE WAM Ltd on May 5, 2026, reducing its stake from 7.99% to 5.95%. The transaction was executed via the open market, as disclosed under SEBI Takeover Regulations.

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SMALLCAP World Fund, Inc. has reduced its shareholding in 360 ONE WAM Ltd by selling 42.90 lakh shares through the open market on May 5, 2026. This transaction decreased the acquirer's stake in the company from 7.99% to 5.95% of the total voting capital, according to a disclosure submitted under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure details the shift in ownership structure following the disposal of shares. Before the transaction, SMALLCAP World Fund, Inc. held 71,10,521 shares, representing 7.9967% of the total share capital. The sale of 42,90,086 shares resulted in a reduction of 2.0419% in the acquirer's voting rights.
Post-transaction, the acquirer retains 24,184,767 shares, which constitute 5.9548% of the total diluted share capital of 360 ONE WAM Ltd. The total voting capital of the company after the sale stands at 406,138,438 shares.
Shareholding Details
The table below outlines the changes in the acquirer's shareholding pattern:
| Description | Number of Shares | % of Total Share Capital | % of Total Diluted Share Capital |
|---|---|---|---|
| Holding Before Sale | |||
| Shares carrying voting rights | 7,110,521 | 7.9967% | 7.9967% |
| Transaction Details | |||
| Shares sold | -4,290,086 | -2.0419% | -2.0419% |
| Holding After Sale | |||
| Shares carrying voting rights | 24,184,767 | 5.9548% | 5.9548% |
The filing, signed by Christopher J. Salo, Vice President of the Fund Business Management Group at Capital Research and Management Company, confirms the mode of acquisition as a net sale through the open market. The shares of 360 ONE WAM Ltd are listed on BSE Limited and the National Stock Exchange of India.
Historical Stock Returns for 360 One WAM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.33% | +7.61% | +3.64% | +0.17% | +2.36% | +306.66% |
What motivated SMALLCAP World Fund, Inc. to reduce its stake in 360 ONE WAM Ltd at this time?
How might this significant share sale impact the stock price and investor sentiment of 360 ONE WAM Ltd?
Are there other major shareholders likely to adjust their positions following this transaction?


































