This is further to our intimation dated April 20, 2026, we wish to inform you that 360 ONE Alternates Asset Management Limited has completed the acquisition of Quark Solar s entire paid up equity share capital on fully diluted basis. Accordingly, Quark Solar has become a wholly owned subsidiary of the Acquirer and a step down wholly owned subsidiary of the Company w.e.f. April 30, 2026.
360ONE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
360 ONE WAM Limited's wholly owned subsidiary, 360 ONE Alternates Asset Management Limited, has completed the acquisition of 100% paid-up equity share capital of Quark Solar Private Limited on a fully diluted basis. Following this, Quark Solar has become a wholly owned subsidiary of the Acquirer and a step-down wholly owned subsidiary of 360 ONE WAM, effective April 30, 2026. The deal follows the Share Purchase Agreement signed on April 20, 2026. Quark Solar is a private company (CIN U51397MH1998PTC115885) operating in the solar sector. No financial details of the deal have been disclosed in this intimation.
This expands 360 ONE WAM's group structure through a step-down subsidiary in the solar/renewables space, which may be viewed positively by shareholders as a sign of portfolio expansion. The lack of disclosed deal value means investors should watch for further details on funding and strategic rationale.