SMALLCAP World Fund cuts stake in 360 ONE WAM Ltd

1 min read     Updated on 18 Jun 2026, 04:16 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

360 ONE WAM Sees Rs. 16.15 Crore Block Trade on NSE at Rs. 1069.70 Per Share

0 min read     Updated on 10 Jun 2026, 12:20 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

360 ONE WAM recorded a block trade on the NSE involving approximately 151,003 shares at Rs. 1069.70 per share. The total value of the transaction aggregated to Rs. 16.15 crores. Block trades of this magnitude are generally associated with institutional participation and are executed to minimize market impact.

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360 one wam witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 151,003 shares changing hands at a price of Rs. 1069.70 per share, aggregating to a total transaction value of Rs. 16.15 crores.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Parameter: Details
Exchange: NSE
Number of Shares: ~151,003
Trade Price: Rs. 1069.70
Total Trade Value: Rs. 16.15 crores

Block trades of this scale are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in 360 ONE WAM reflects considerable interest at the prevailing price level of Rs. 1069.70 per share.

Historical Stock Returns for 360 One WAM

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%+7.61%+3.64%+0.17%+2.36%+306.66%

What does this block trade indicate about institutional sentiment towards 360 ONE WAM?

Could this transaction signal a potential shift in the stock's short-term price trend?

Are there any upcoming corporate events or announcements that might have triggered this trade?

More News on 360 One WAM

1 Year Returns:+2.36%