360 ONE WAM subsidiary approved acquisition of 100% stake in Quark Solar for ₹9.38 crore cash consideration.
Quark Solar is a renewable energy EPC and O&M company with FY26 turnover of ₹17.13 crores.
Acquisition aims to establish Quark as an operating entity for the Acquirer's renewables strategy SPVs.
Transaction is not a related party transaction and is expected to complete within one month.