FilingReader Intelligence
360 ONE subsidiary fined for regulatory breach
July 15, 2025 at 08:00 AM UTC•By FilingReader AI
360 ONE Distribution Services Limited, a wholly-owned subsidiary of 360 ONE WAM Limited, was fined INR 100,000 by the National Stock Exchange of India.
The penalty was imposed for executing an agreement to transfer Credit Suisse Securities (India) Private Limited's business without seeking prior NSE approval, violating exchange regulations.
360 ONE WAM stated the penalty has no material impact on financials or operations. The subsidiary plans to appeal the decision.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:360ONE•Bombay Stock Exchange
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