360 ONE Mutual Fund increased its stake in SIS Limited from 2.48% to 2.52%, acquiring 46,477 additional shares. The value of the additional shares is approximately ₹1.97 crore, calculated at the closing price of ₹425.10 per share. Notably, in a bulk deal on July 31, 2024, 360 One Mutual Fund (specifically 360 One Focused Equity Fund) bought 29.84 lakh shares of SIS at ₹415 apiece.
A comprehensive security and facility management services provider operating across India. The company delivers manned guarding, employee training, loss prevention, asset protection, and mobile patrol services. It also operates cash logistics including cash-in-transit and ATM replenishment, facility management services encompassing cleaning and pest control, and alarm monitoring with electronic security device installation through its subsidiaries and joint ventures.
360 ONE Mutual Fund is the mutual fund arm of 360 ONE Asset Management, formerly IIFL Asset Management, part of the 360 ONE group, one of India's largest wealth and asset managers. Launched in 2010, it runs a focused range of equity and hybrid schemes built around a concentrated, research led approach. Its investments are overseen by chief investment officer Anup Maheshwari.