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CCI approves proposed combination involving acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited by 360 ONE

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....CI approves proposed combination involving acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited by 360 ONE<BR>FEMA & RBI<BR>Dated:- 21-5-2025<BR>....

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....<BR>The&nbsp;Competition Commission of India has approved the proposed combination involving acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited....

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.... by 360 ONE. 360 ONE WAM Limited (360 ONE/ Acquirer)&nbsp;(including its group entities) is a wealth and asset management firm in India. Batlivala & Karani Securities Private Limited (Target 1) is,&....

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....nbsp;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)&nbsp;is....

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.... 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, Batliv....

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....ala & 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) Detaile....

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....d order of the Commission will follow.<BR> News - Press release - PIB....