360 One Wam gets nod to acquire stock broking, distribution business of Credit Suisse Securities (India)
The company has received the necessary approval from National Stock Exchange of India for the same
360 One Wam has received the necessary approval from National Stock Exchange of India (NSE) for acquisition of stock broking and distribution business of Credit Suisse Securities (India), on a slump sale basis, by company’s wholly owned subsidiary -- 360 ONE Distribution Services.
Earlier, 360 ONE Distribution Services had executed Business Transfer Agreement with Credit Suisse Securities (India) and UBS AG, for the same.
360 One Wam (formerly known as IIFL Wealth Management) is registered with SEBI as stock broker, depository participant, research analyst, portfolio manager and distributor of financial products.
