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The latest update is out from 360 One Wam Limited ( (IN:360ONE) ).
Promoters of 360 One Wam Limited, collectively referred to as the KB Group, have disclosed the creation of share encumbrances in favour of APAC Company XV Limited under Indian takeover regulations. The encumbrances involve 13,50,000 shares each held by Kush Bhagat and Kyra Bhagat, representing 0.33% of the company’s capital per holder, created on March 11, 2026, as part of conditions to be fulfilled under an RPSA, signalling structured promoter-level financing or contractual obligations without immediate change in control.
The disclosure also notes that Shilpa Bhagat and Karan Bhagat currently hold no encumbered shares, while the Kyra Family Private Trust maintains an unaltered encumbered position of 53,00,000 shares, or 1.31% of the share capital. Overall, the filing informs investors about the evolving pledge and encumbrance profile within the promoter group, offering visibility into leverage and contractual commitments that could influence perceptions of promoter stability and governance, even though no direct operational changes are indicated.
More about 360 One Wam Limited
360 One Wam Limited operates in the Indian financial services sector with a focus on wealth and asset management. The company caters to affluent and high-net-worth clients through investment advisory, portfolio management, and related financial products, and is listed on both BSE Limited and the National Stock Exchange of India.
Average Trading Volume: 65,565
Technical Sentiment Signal: Sell
Current Market Cap: 417.1B INR
For a thorough assessment of 360ONE stock, go to TipRanks’ Stock Analysis page.