360 ONE WAM Ltd. moves to reshape its capital structure
TL;DR
What were the specific terms of the original warrant issuance to UBS AG—specifically the issue price and the date of the initial board approval—and does this allotment complete the entire tranche of warrants issued to this entity?
The original UBS AG warrant tranche was priced at Rs 1,030 per warrant/equity share. UBS paid 25% at the time of warrant allotment and the remaining 75%—Rs 1,583.85 Crores—on conversion.[6]
- Original allotment date: 21 July 2025, when 20,502,939 warrants were allotted to UBS AG.[7]
- Initial board approval date: the cited filing identifies 21 July 2025 as the warrant-allotment/intimation date, but does not separately confirm an earlier or distinct date for the initial board approval.
- Tranche completion: Yes. The 22 October 2026 allotment converted all 20,502,939 warrants held by UBS AG into an equal number of equity shares; this therefore completes the entire warrant tranche issued to UBS AG.[6]
Following this allotment, what is the updated shareholding percentage of UBS AG in 360 ONE WAM, and how does this institutional stake compare to the promoter and other major public shareholder holdings as disclosed in the latest shareholding pattern filing?
UBS AG’s post-allotment percentage cannot be confirmed from the latest holder-level extract available here. The latest validated shareholding pattern is Q2 FY27; it reports UBS’s broader FII category at 53.97%, but the individual UBS AG holding is not visible in the supplied named-holder list.
The promoter group’s 6.18% is concentrated, and 89.98% of promoter holdings is encumbered through non-disposal undertakings, equivalent to 5.56% of total equity; strict pledge is reported at 0%. UBS AG’s precise post-allotment stake would therefore need to be compared with the 6.18% promoter holding and the named public holders above once its individual holding is confirmed. The FII category fell 4.58 percentage points QoQ to 53.97%, while DII holdings rose 4.96 pp to 23.67%, indicating institutional rotation rather than a simple increase in total institutional ownership.
| Holder / category | Holding | Comparison |
|---|---|---|
| Promoter group | 6.18% | UBS’s exact stake cannot be ranked against it without the post-allotment UBS figure |
| FII category, including UBS AG | 53.97% | The largest ownership category |
| Public shareholders, including all non-promoter holdings | 93.82% | Includes FII, DII, mutual funds, retail and other public holders; do not add these categories to public |
| BC Asia Investments X Ltd | 18.05% | Largest named public/FII holder |
| ICICI Prudential Retirement Fund–Hybrid Aggressive Plan | 4.66% | Largest named DII/MF holder |
| Smallcap World Fund Inc. | 4.42% | Major named FII holder |
| Nirmal Bhanwarlal Jain | 3.84% | Major public individual holder |
| Government Pension Fund Global | 2.73% | Major FII holder |
| Fidelity Emerging Markets Fund | 2.18% | Major FII holder |
| SBI Nifty 500 Index Fund | 1.78% | Major DII/MF holder |
Sources
- [1]Equity Share Capital
- [2]Total Equity
- [3]PAT
- [4]EPS
- [5]Diluted EPS
- [6]360 ONE WAM Ltd. Allots 2.05 Crore Equity Shares to UBS AG Upon Warrant Conversion — 2026-10-22T11:39:08.110000, p.1
- [7]360 ONE WAM Ltd. Allots 2.05 Crore Equity Shares to UBS AG Upon Warrant Conversion — 2026-10-22T11:39:08.110000, p.3
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