In a significant corporate development, the National Company Law Tribunal (NCLT) Mumbai Bench has given its approval for the amalgamation of two wholly-owned subsidiaries of 360 ONE WAM LIMITED . The merger involves MAVM Angels Network Private Limited (MAVM) and 360 ONE Distribution Services Limited (DSL).

Key Details of the Merger

• Approval Date: The NCLT Mumbai Bench approved the amalgamation scheme on September 9, 2025.
• Notification: Certified copies of the approval order were received by the companies on September 23, 2025.
• Effective Date: The merger will become effective upon filing with the Registrar of Companies, Mumbai.

Terms of the Amalgamation

Under the approved scheme:

1. MAVM will be amalgamated into 360 ONE Distribution Services Limited.
2. DSL will issue one equity share with a face value of Rs. 100.00 each to 360 ONE WAM for every MAVM share with a face value of Rs. 10.00 held by the parent company.

Corporate Communication

360 ONE WAM LIMITED, in its communication to the stock exchanges, stated that the scheme was subject to necessary approvals, as previously disclosed on September 26, 2024. The company's Company Secretary, Rohit Bhase, confirmed the NCLT approval in the official intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact and Next Steps

This merger is expected to streamline operations within the 360 ONE WAM group. The amalgamation's effectiveness is now contingent on the filing of the scheme with the Registrar of Companies, Mumbai, by both MAVM and DSL.

Investors and stakeholders of 360 ONE WAM LIMITED will be keenly watching the next steps in this corporate restructuring process.

360 One WAM Limited has successfully completed a significant Transfer and Assignment Agreement (TAA) with UBS Finance India Private Limited, 360 ONE Prime Limited, and UBS AG. The agreement, which was initially executed on April 22, and subsequently amended on August 13, reached its final consummation on August 18.

Key Details of the Agreement

Parties Involved

• 360 ONE WAM Limited
• UBS Finance India Private Limited
• 360 ONE Prime Limited (a wholly owned subsidiary of 360 ONE WAM Limited)
• UBS AG

Timeline

• Original execution: April 22
• Amendments: August 13
• Final consummation: August 18

Regulatory Compliance and Conditions

The completion of the agreement followed the receipt of all necessary approvals and/or no objections from regulatory authorities. Additionally, the parties fulfilled all conditions stipulated in the TAA, paving the way for its successful consummation.

Corporate Disclosure

In line with its commitment to transparency, 360 ONE WAM Limited promptly informed the stock exchanges about this development. The company's Company Secretary, Rohit Bhase (ACS: 21409), officially communicated the news to both the BSE Limited and the National Stock Exchange of India Ltd.

Implications and Outlook

While the specific details of the transfer and assignment have not been disclosed, the completion of this agreement with UBS entities could potentially have strategic implications for 360 ONE WAM Limited and its wholly owned subsidiary, 360 ONE Prime Limited. The involvement of global financial giant UBS AG in the agreement suggests a potentially significant transaction or partnership.

Investors and market watchers will likely keep a close eye on any further disclosures or announcements from 360 ONE WAM Limited regarding the potential impact of this agreement on the company's operations, financial position, or strategic direction.

Stakeholders are advised to refer to official company communications and regulatory filings for the most accurate and up-to-date information regarding this development.