360 ONE WAM Amends SPSSA Regarding Lock-in Terms for Allottees in 360 ONE Capital Acquisition
360 ONE WAM LIMITED has amended its Share Purchase and Share Subscription Agreement (SPSSA) concerning the acquisition of 360 ONE Capital Market Private Limited, which was formerly Batlivala & Karani Securities India Private Limited. The amendment relates specifically to the lock-in conditions for shares allotted to designated allottees.The SPSSA related to the acquisition set certain terms regarding a lock in the shares allocated to Mr. Saahil Murarka and Batlivala & Karani Resources Management Private Limited, referred to as the Allottees. These original terms included a requirement for periodic release of shares amounting to 20% of their...