360 ONE WAM LIMITED has reported that SMALLCAP World Fund, Inc. disclosed a reduction in its shareholding in the company through an open market sale. The fund's stake declined to 5.9548% from 7.9967% following the transaction. The disclosure was submitted to BSE Limited and the National Stock Exchange of India under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SMALLCAP World Fund sold 4,290,086 equity shares of 360 ONE WAM on May 5, 2026. The transaction represented 2.0419% of the company's voting capital at the time of the sale. The shares were sold through the net sale route on the open market.
Following the sale, SMALLCAP World Fund holds 24,184,767 shares in 360 ONE WAM, representing a 5.9548% stake. Prior to this transaction, the fund held 7,110,521 shares, which constituted a 7.9967% stake based on the equity capital of 88,917,869 shares at that time. The post-sale stake is calculated against the expanded equity capital of 406,138,438 shares.
The diluted share capital after the acquisition stands at 406,138,438 shares, confirming that the fund holds no warrants, convertible securities, or other instruments that would entitle it to additional voting rights in 360 ONE WAM. The fund reported no shares in the nature of encumbrance before or after the sale.
The shares of 360 ONE WAM, bearing the ISIN INE466L01038, are listed on BSE Limited and the National Stock Exchange of India. The filing confirmed that SMALLCAP World Fund is not part of the promoter or promoter group of the target company.
The disclosure was signed by Christopher J. Salo, Vice President in the Fund Business Management Group, on behalf of Capital Research and Management Company. Capital Research and Management Company serves as the investment adviser to SMALLCAP World Fund. The filing was submitted from Los Angeles, California, on May 6, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.