360 One WAM Limited, a prominent player in the financial services sector, has recently received an Environmental, Social, and Governance (ESG) rating of 'ESG 65' for the financial year ended March 31, 2024. This rating was assigned by NSE Sustainability Ratings and Analytics Limited, a SEBI-registered 'Category I' ESG Rating Provider.

ESG Rating Details

The company, listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), communicated this development to the stock exchanges on July 22, 2025. The ESG rating of 65 reflects the company's performance across environmental, social, and governance factors, providing investors and stakeholders with valuable insights into the company's sustainability practices.

Significance of ESG Ratings

ESG ratings have gained significant importance in recent years as investors increasingly consider sustainability and responsible business practices in their investment decisions. These ratings assess a company's exposure to long-term environmental, social, and governance risks, which can impact its operational efficiency, reputation, and overall financial performance.

Company's Response

In its official communication to the stock exchanges, 360 ONE WAM Limited stated:

"We would like to intimate that NSE Sustainability Ratings and Analytics Limited, a Company registered with SEBI as a 'Category I' ESG Rating Provider ("ERP"), has assigned a rating of 'ESG 65' to the Company for the financial year ended March 31, 2024, vide its email dated July 22, 2025."

About 360 ONE WAM Limited

360 ONE WAM Limited, formerly known by a different name, operates from its corporate and registered office at 360 ONE Centre, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai. The company is identified by the CIN: L74140MH2008PLC177884.

This ESG rating announcement underscores 360 ONE WAM Limited's commitment to transparency and sustainable business practices, potentially influencing investor perceptions and the company's standing in the increasingly ESG-conscious financial markets.

360 ONE WAM , a prominent player in the wealth and asset management sector, experienced significant market activity on Tuesday as its shares witnessed a substantial block deal and subsequent price decline.

Block Deal Details

A massive block trade was executed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), involving approximately 16.65 million shares of 360 ONE WAM. The transaction was carried out at a price of ₹1,163.50 per share, amounting to a total value of ₹1,937.23 crore.

Share Price Impact

Following the block deal, 360 ONE WAM's stock price took a hit, declining by over 6%. The shares were trading at ₹1,146.30, marking a significant drop from the previous close. This decline contributes to the stock's year-to-date performance, which now stands at a 10.20% decrease.

Potential Seller and Transaction Specifics

Market sources suggest that Bain Capital-led BC Asia Investments X Ltd. is likely the seller in this transaction. The deal is believed to represent about 4% of the company's equity. It's worth noting that BC Asia Investments held a 21.90% stake in 360 ONE WAM at the end of the June quarter.

Lock-up Period and Deal Arrangement

Following this transaction, BC Asia Investments will reportedly be subject to a 120-day lock-up period. The deal is being arranged by JPMorgan, a leading global financial services firm.

Historical Context

This transaction follows a significant ownership change in 2022 when BC Asia Investments acquired up to a 24.98% stake in 360 ONE WAM from General Atlantic Singapore Fund.

Recent Corporate Action

In a separate development, as per the company's recent LODR (Listing Obligations and Disclosure Requirements) filing, 360 ONE WAM has approved the allotment of 2,05,02,939 warrants on a preferential basis. These warrants, priced at ₹1,030.00 each, have been issued to UBS AG for a total consideration of ₹527.95 crore (25% of the warrant exercise price). This move indicates the company's ongoing efforts to raise capital and potentially expand its operations.

The recent block deal and share price movement highlight the dynamic nature of 360 ONE WAM's stock and underscore the importance of monitoring significant ownership changes in the market. Investors and market watchers will likely keep a close eye on any further developments related to the company's ownership structure and strategic initiatives.