Please find enclosed herewith Voting Results pursuant to regulation 44 of the Listing Regulations, 2015 and Scrutinizer''s Report pursuant to Section 108 and 110 of the Companies Act, 2013.
Awaiting price reaction for this filing.
360 ONE WAM Limited has informed the stock exchanges that shareholders have approved, through a postal ballot, the reclassification of 18 promoter group entities from the 'Promoter & Promoter Group' category to the 'Public' category. The postal ballot notice was issued on April 3, 2025, and e-voting ran from April 5 to May 4, 2025. Out of 393,073,939 shares that voted (77.85% of outstanding shares), 99.46% voted in favour and only 0.54% voted against the resolution. All categories — promoter group (100% in favour), public institutions (99.05% in favour), and public non-institutions (99.99% in favour) — supported the resolution. The scrutinizer, Nilesh Shah & Associates, confirmed the resolution was passed with the requisite majority.
This reclassification will shift these 18 promoter-related entities (including holdings of Nirmal Jain, family members, family trusts, and entities like 5paisa Capital) into the public category, potentially increasing the company's public float and improving share liquidity. Overwhelming approval (99.46%) suggests smooth regulatory housekeeping with minimal shareholder opposition.