The private investment firm Bain Capital has pared its 3.71% stake in 360 One Wam for Rs 1,741 crore through open market transactions. Bain Capital through its affiliate -- BC Asia Investments X has offloaded a total of 1.50 crore equity shares of 360 One Wam at price range of Rs 1,160.10 to Rs 1,161.42 per share. Post the transaction, Bain Capital’s holding in 360 One Wam has come down to 18.21% from 21.92%.
360 One Wam (formerly known as IIFL Wealth Management) is registered with SEBI as stock broker, depository participant, research analyst, portfolio manager and distributor of financial products.
