360 ONE WAM rises as UBS acquires 4.8% stake through warrant conversion

360 ONE WAM rose 1% to Rs 1,048.20 after allotting 2.05 crore equity shares to UBS AG following the conversion of warrants.

The allotment gives the Swiss financial services group an approximately 4.8% stake in the wealth and asset management firm.

The shares were allotted at Rs 1,030 apiece on 22 October 2026 after UBS paid the remaining 75% of the warrant exercise price. The total consideration for the warrant conversion amounted to Rs 2,111.80 crore.

360 ONE WAM had allotted 2.05 crore warrants to UBS on a preferential basis on 21 July 2025. UBS had paid 25% of the exercise price at the time of allotment and subsequently exercised all the warrants.

Following the allotment, 360 ONE WAM's paid-up equity share capital increased to Rs 42.84 crore from Rs 40.79 crore, comprising 42.84 crore equity shares of Re 1 face value each.

Mumbai-based 360 ONE WAM is an independent wealth and asset management firm. The company manages assets worth approximately Rs 9 lakh crore and serves more than 9,000 families and corporates.

The company?s consolidated net profit increased 16.11% to Rs 330.53 crore in Q1 FY27, compared with Rs 284.67 crore in Q1 FY26. Revenue from operations jumped 26.85% YoY to Rs 1,226.09 crore in Q1 FY27.

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