360 ONE WAM LTD - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

We wish to inform you that the Board of Directors ("Board") of 360 ONE WAM LIMITED ("Company" and formerly known as IIFL Wealth Management Limited) at its meeting held today i.e. September 19, 2024, has, inter-alia, approved raising of funds by issue of such number of equity shares of the Company of face value Re. 1/- each, for an aggregate amount not exceeding Rs. 2,250 Crores (Rupees Two Thousand Two Hundred and Fifty Crores only), through Qualified Institutions Placement ("QIP") in one or more tranches in accordance with the applicable laws and subject to necessary approval(s) including approval of the members of the Company by way of Special resolution.