With reference to its intimation dated January 27, 2025, with regard to the proposed acquisition by the Company, of the entire fully paid-up equity share capital of Batlivala & Karani Securities India (‘B&K Securities’ and having CIN U67120WB1998PTC087160) on a fully diluted basis from its existing shareholders, subject to necessary approval(s) of the regulatory authorities. In this regard, 360 One Wam has informed that B&K Securities has received the necessary prior approval under SEBI (Merchant Bankers) Regulations 1992, on April 21, 2025, for the aforesaid acquisition and proposed change of control of B&K Securities to the Company. Upon receipt of all other necessary approval(s) and/or no objections of regulatory authority(ies), the Company will then initiate steps for discharge of the Total Consideration (as referred to in our intimation dated January 27, 2025), in accordance with the applicable laws.
The above information is a part of company’s filings submitted to BSE.
