360 ONE WAM LIMITED has informed the Exchange about receipt of certified true copy of the Order of Hon ble National Company Law Tribunal with respect to the scheme of amalgamation of MAVM Angels Network Private Limited with and into 360 ONE Distribution Services Limited, both wholly owned subsidiaries of the Company.
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360 ONE WAM has received the certified copy of the NCLT Mumbai Bench order dated September 9, 2025, approving the amalgamation of its wholly owned subsidiary MAVM Angels Network Private Limited into another wholly owned subsidiary, 360 ONE Distribution Services Limited (DSL). The scheme becomes effective once filed with the Registrar of Companies, Mumbai. Upon effectiveness, MAVM will merge into DSL, and DSL will issue one equity share of Rs. 100 face value to 360 ONE WAM for every one share of Rs. 10 face value held in MAVM. Since both entities are 100% owned by 360 ONE WAM, this is purely an internal restructuring.
This is a routine internal restructuring between two wholly owned subsidiaries and will have no material impact on 360 ONE WAM's consolidated financials, shareholding pattern, or minority shareholders. Investors should not expect any change in stock value or business operations as a result.