Promoter Acquires Shares in Gamco Limited, Increasing Stake to 2.22%
Mrs. Raj Goenka, belonging to the promoter group of Gamco Limited, has acquired a tranche of equity shares through an open market transaction. The acquisition increased her holdings in the company following the procurement of 12395 Equity Shares between June 03, 2026, and June 04, 2026.The target company is Gamco Limited, and Mrs. Raj Goenka's purchase resulted in an increase in her shareholding as a member of the promoter group. Each acquired equity share carried a face value of Rs. 2/-.
Prior to this transaction, Mrs. Raj Goenka held 1188031 Equity Shares, representing a 2.20% stake in the issued and paid-up equity capital of Gamco Limited. The acquisition of 12395 shares subsequently brought her total holding up to 1200426 Equity Shares, which constitutes 2.22% of the company's stock.
The transaction details are summarized below:
| Metric | Before Acquisition | During Acquisition | After Acquisition |
|---|---|---|---|
| Acquirer | Mrs. Raj Goenka (Promoter Group) | Open Market Purchase | Mrs. Raj Goenka (Promoter Group) |
| Total Shares Held | 1,188,031 Equity Shares | 12,395 Equity Shares Acquired | 1,200,426 Equity Shares |
| Stake Percentage | 2.20% | 0.02% (of acquired shares) | 2.22% |
The equity share capital of Gamco Limited before the acquisition stood at Rs. 10,80,63,000/-, consisting of 5,40,31,500 Equity Shares of Rs. 2/- each. Following the acquisition, the company's total diluted share and voting capital remained recorded as Rs. 10,80,63,000/-, comprising 5,40,31,500 Equity shares of Rs. 2/- each.
Stock Price Movement
Gamco Ltd. shares are dipping as of 13:34, trading at ₹41.26, which reflects a drop of 0.58%. The stock has traded within an intraday range between a low of ₹40.44 and a high of ₹42.51.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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