360ONENSE360 ONE WAM LIMITEDHighNeutral
Announced Thu, 17 Jul · 16:47 IST

360 ONE WAM LIMITED has informed the Exchange that the Board approved 360 ONE Employee Stock Option Scheme 2025 ( 360 ONE ESOS 2025 ) in accordance and compliance with the Companies Act, 2013 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, considering the recommendation of Nomination and Remuneration Committee and subject to the approval of the shareholders of the Company, which will be implemented after receipt of necessary approvals including from the shareholders of the Company.

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AI summary

The Board of 360 ONE WAM approved a new Employee Stock Option Scheme called '360 ONE ESOS 2025', subject to shareholder approval, to grant stock options to employees in line with the Companies Act, 2013 and SEBI's ESOP rules. Separately, Q1 FY26 consolidated profit after tax rose 18% year-on-year to Rs 287 crore on total revenue of Rs 725 crore (up 4% YoY), while assets under management stood at Rs 6.64 lakh crore with recurring revenue AUM up nearly 30% YoY. The Board also appointed Mr. Saahil Murarka as an Additional Non-Executive, Non-Independent Director, included Mr. Pankaj Fitkariwala in senior management, and amended the insider trading fair disclosure code. Notably, the company committed to not undertake any corporate action that would reduce equity share capital for the next 2 years, effectively ruling out a buyback. An interim dividend of Rs 6 per share (Rs 236.22 crore) was paid during the quarter, and the acquisition of B&K Securities was completed for Rs 1,973.66 crore.

Likely market impact

The new ESOS 2025 may cause minor future dilution once shareholder approval is obtained, but the company's explicit 2-year pledge against any capital-reduction action (no buyback) signals focus on growth investments and the B&K Securities and UBS integrations. Strong Q1 earnings growth, expanding AUM, and a healthy tangible RoE of 19.6% are positive signals for shareholders, though the pending Income Tax department search remains a watch item.