Promoter Acquires Shares in Gamco Ltd, Increasing Holding to 2.80%

Promoter Acquires Shares in Gamco Ltd, Increasing Holding to 2.80%

Promoter Acquires Shares in Gamco Ltd, Increasing Holding to 2.80%​

A promoter group member, Mrs. Rashi Goenka, has acquired a stake in Gamco Ltd., increasing her total shareholding to 2.80%. The acquisition was executed through an open market transaction over two days in June 2026.

The transaction involved the purchase of 53,000 Equity Shares of Gamco Ltd. from the open market between June 24 and June 25, 2026. Prior to this acquisition, Mrs. Goenka's total holding stood at 1,459,853 shares, representing 2.70% of the issued and paid-up equity share capital of Gamco Ltd.

After the purchase, her cumulative holding increased to 1,512,853 Equity Shares, corresponding to 2.80% of the company's total voting capital.

Transaction Details​

The details regarding Mrs. Rashi Goenka's acquisition and resulting shareholding in Gamco Ltd. are summarized below:

CategoryMetricBefore AcquisitionAcquisition DetailsAfter Acquisition
AcquirerNameMrs. Rashi GoenkaN/AMrs. Rashi Goenka
StatusPromoter StatusPromoter Group MemberN/APromoter Group Member
Shares AcquiredNumberN/A53,000N/A
Holding (Pre)% of Voting Capital2.70%N/AN/A
Holding (Post)% of Voting CapitalN/AN/A2.80%
ModeAcquisition MethodN/AOpen MarketN/A

Capital Structure and Shareholding Update​

The acquisition data provides a detailed snapshot of the share capital structure in Gamco Ltd. (BSE Scrip Code: 540097) before and after the transaction. The total equity share capital remained Rs. 10,80,63,000.00, consisting of 5,40,31,500 Equity shares of Rs. 2/- each.

The table below illustrates the change in holdings:

MetricBefore AcquisitionDuring AcquisitionAfter Acquisition
Shares Carrying Voting Rights1,459,853 (2.70%)53,000 (0.10%)1,512,853 (2.80%)
Total Equity Share CapitalRs. 10,80,63,000.00N/ARs. 10,80,63,000.00
Diluted Voting CapitalRs. 10,80,63,000.00N/ARs. 10,80,63,000.00

Stock Price Movement​

Gamco Ltd finished Thursday trading sessions gaining, settling at ₹50.93, which reflects a 2.29% increase. The shares navigated a wide intraday range, hitting a low of ₹48.30 but ultimately peaking at ₹52.99 during the market close.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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