Promoter Group Acquirer Increases Stake in Gamco Ltd Through Open Market Purchase
Mrs. Raj Goenka, belonging to the promoter group of Gamco Ltd, has increased her stake in the company through an open market transaction conducted between June 9, 2026, and June 10, 2026. The acquisition resulted in a total holding of 1,258,534 equity shares, representing 2.33% of the issued and paid-up equity share capital of Gamco Ltd.The transaction involved the purchase of 31,491 equity shares, each having a face value of Rs. 2/-. This acquisition through the open market increased the acquirer's stake from an initial holding of 1,227,043 equity shares (or 2.27% of the capital) to the current total of 1,258,534 equity shares following the transaction period.
The details of the acquisition and resulting shareholding are summarized below:
| Metric | Pre-Acquisition Holding | Acquisition Details | Post-Acquisition Holding |
|---|---|---|---|
| Shares Held (Equity) | 1,227,043 | Acquired: 31,491 shares | 1,258,534 |
| Stake in Capital | 2.27% | Transaction Date | June 9 to June 10, 2026 |
The transaction reflects the acquisition of equity shares through an open market purchase, as noted by Mrs. Raj Goenka, who is identified as a Promoter within the company structure.
For context regarding the financial base, the total voting capital of Gamco Ltd prior to the acquisition was Rs. 10,80,63,000.00, consisting of 5,40,31,500 equity shares of Rs. 2/- each. The company's total diluted share/voting capital following this acquisition remains consistent with the previously reported figures.
Stock Price Movement
As of 15:23, Gamco Ltd is ticking down slightly, currently trading at ₹43.00, reflecting a minor drop of 0.07%. The shares have seen some volatility today, oscillating between an intraday low of ₹41.01 and a high marking ₹43.98.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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