SMALLCAP World Fund, Inc. Reduces Stake in 360 ONE WAM LTD Following Open Market Sale

SMALLCAP World Fund, Inc. Reduces Stake in 360 ONE WAM LTD Following Open Market Sale

SMALLCAP World Fund, Inc. Reduces Stake in 360 ONE WAM LTD Following Open Market Sale​

SMALLCAP World Fund, Inc. executed a net sale of shares in 360 ONE WAM LTD on May 5, 2026, reducing its substantial holding in the company through the open market.

Before the transaction, SMALLCAP World Fund, Inc. held 7,110,521 shares carrying voting rights, representing a stake of 7.9967% of the total share/voting capital. The company's equity share capital/total voting capital before the sale was 88,917,869.

The fund reported selling a total of 4,290,086 shares carrying voting rights. This disposal represented a reduction of 2.0419% of the total share/voting capital.

Following the open market sale, the fund's holding of shares carrying voting rights stood at 24,184,767. This post-transaction holding equates to a 5.9548% stake in the company. The total diluted share/voting capital of 360 ONE WAM LTD after the sale was 406,138,438.

The acquisition/sale was processed through the open market, confirming the reduction of the fund's position on May 5, 2026.

360ONE Stock Price Movement​

Shares of 360 ONE WAM LIMITED are rallying, reaching ₹1121.5 as of 10:34 AM today, having gained 0.85% in live trading. Strong investor interest is evident as the stock trades on a significant volume of 153,194 shares, building momentum above its ₹1118 open.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Editorial Note

This news article was written and created by Shreyas, and published on IST.
Back
Top