The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kush Bhagat & PACs
360ONE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kush Bhagat, part of the promoter group of 360 ONE WAM Ltd, acquired 13,50,000 equity shares (0.33% of share capital) through an off-market inter se transfer (by way of gift) on March 11, 2026. Before this transaction, Kush Bhagat held no shares directly, while the Persons Acting in Concert (PACs) — including Karan Bhagat, Shilpa Bhagat, Kyra Bhagat, Kush Family Private Trust, and Kyra Family Private Trust — held 1,33,00,000 shares (3.28%). After the transfer, Kush Bhagat directly holds 13,50,000 shares while the PACs hold 1,19,50,000 shares, keeping the combined promoter group holding unchanged at 3.28% of share capital (2.95% on a diluted basis). The total equity share capital of the company is Rs. 40.59 crore (40,59,15,969 shares of Re. 1 each), with diluted capital of 45,16,00,451 shares. This is essentially an internal restructuring of holdings within the promoter family with no change in total promoter stake.
This is a neutral event for shareholders — it is a gift/internal reallocation of shares among promoter group members and does not change the overall promoter holding in 360 ONE WAM. No impact on stock price is expected, though it indicates succession or estate planning activity within the promoter family.