360 ONE WAM to Incorporate New Wholly-Owned Subsidiary for Fund Management Operations in GIFT City

360 ONE Asset Management Limited (AMC), a subsidiary of 360 ONE WAM Limited, has cleared a proposal to set up a new company in Gujarat International Finance Tec-City (GIFT City). The decision was taken at the AMC’s board meeting held on November 20, 2025. Once registered, the new unit will be fully owned by AMC and treated as a step-down subsidiary of the listed parent company.  

Scope of Work for the New Subsidiary 

The subsidiary will focus on fund management activities based out of GIFT City. The city functions as an international financial services centre with a regulatory set-up for financial business carried out with overseas exposure while remaining under India’s jurisdiction.  

The newly incorporated entity is intended only for fund management and does not involve any change in the company’s shareholding structure. 

Update Filed with Stock Exchanges 

The company has filed its intimation with both BSE and NSE. It stated that additional disclosures will be shared after the subsidiary is officially incorporated. The communication confirming the approval was issued from the company’s corporate office and was signed by the company secretary, Rohit Bhase.   

Read More: 360 ONE WAM, UBS AG Join Hands For Wealth Management Partnership! 

360 ONE WAM Share Price Performance  

As of November 21, 2025, 09:20 AM, 360 ONE WAM share price, was trading at ₹1,132.40, a 0.82% decline from the previous close. 

Conclusion 

The AMC will proceed with forming the subsidiary in GIFT City once the required formal steps are completed. Further details, as mandated by SEBI, will be shared after incorporation. 

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