Please find enclosed the reports of the monitoring agency appointed by the Company i.e. CARE Ratings Limited, in respect of preferential issues of warrants for the quarter ended March 31, 2026
360ONE · price
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360 ONE WAM Limited filed monitoring agency reports from CARE Ratings for two preferential warrant issues. The first issue of ₹391.59 crore (completed May-June 2025) was for debt repayment (₹293.69 crore) and general corporate purposes (₹97.90 crore) - no funds were utilized during Q4. The second, larger issue of ₹2,111.80 crore (completed July 2025) is for investments in subsidiaries including broking business (₹400 crore), 360 ONE Prime Ltd (₹1,000 crore), 360 ONE Alternates Asset Management Ltd (₹200 crore), and general corporate purposes (₹511.80 crore). Of this, ₹527.95 crore has been deployed so far (all for broking business), with ₹527.95 crore still unutilized. The monitoring agency confirmed no deviations from stated objects and no delays. An interesting disclosure notes promoter shareholding fell from 14.20% to 6.26% due to promoter reclassification, and current stock price (₹949.60) is below the QIP issue prices.
The filing is routine regulatory compliance with no red flags. Shareholders can note that warrant proceeds are being held pending deployment, and the extended timelines (until FY2027-28) give management flexibility. The significant promoter reclassification and current stock trading below QIP prices are informational but not immediate concerns.