360 ONE receives approval for Credit Suisse Securities acquisition

360 ONE WAM Limited announced that it has received approval from the National Stock Exchange of India for the proposed acquisition of the stock broking and distribution business of Credit Suisse Securities (India) Private Limited. The acquisition, structured as a slump sale, will be conducted through 360 ONE Distribution Services Limited, a wholly owned subsidiary of 360 ONE WAM LIMITED. The company will initiate steps for discharge of consideration and consummation of the business transfer agreement. The original intimation regarding the proposed acquisition was made on April 22, 2025.