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CCI nod for acquisition of Batlivala & Karani Securities by 360 ONE

Published: May 21, 2025

By TIOLCorplaws News Service

NEW DELHI, MAY 21, 2025: THE Competition Commission of India has approved the proposed combination involving acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited by 360 ONE.

360 ONE WAM Limited (360 ONE/ Acquirer) (including its group entities) is a wealth and asset management firm in India.

Batlivala & Karani Securities Private Limited (Target 1) is, inter alia, engaged in the business of equity broking, distribution of financial products, investment banking and research analysis.

Batlivala & Karani Finserv Private Limited (Target 2) is engaged in the business of distribution of financial products.

The proposed combination relates to acquisition of shareholding by the Acquirer in Target 1 and Target 2 from Mr Saahil Murarka, Batlivala & Karani Resources Management (BKRM) and Ms Swapna Murarka. As part consideration, Mr Saahil Murarka and BKRM will also acquire certain shareholding in the Acquirer (Proposed Combination)

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