GAMCO Limited Announces Resignation of Company Secretary Mr. Risbh Kumar Singhi

1 min read     Updated on 01 Apr 2026, 04:47 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

GAMCO Limited has announced the resignation of Company Secretary and Compliance Officer Mr. Risbh Kumar Singhi, effective from close of business hours on 31st March, 2026. The resignation, attributed to personal reasons, has been communicated to BSE in compliance with SEBI LODR Regulations. Mr. Singhi has committed to ensuring smooth transition of statutory and compliance responsibilities.

powered bylight_fuzz_icon
36544659

*this image is generated using AI for illustrative purposes only.

GAMCO Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key personnel change in the company's leadership structure. The development was communicated to BSE Limited through a formal regulatory filing dated 31st March, 2026.

Key Personnel Change Details

Mr. Risbh Kumar Singhi, who served as the Company Secretary and Compliance Officer, has tendered his resignation from the position effective from the close of business hours on 31st March, 2026. The resignation becomes effective from 01st April, 2026.

Parameter: Details
Name: Mr. Risbh Kumar Singhi
Position: Company Secretary and Compliance Officer
Membership No.: A52762
Effective Date: Close of business hours on 31st March, 2026
Reason: Personal reasons

Regulatory Compliance

The company has fulfilled its obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. As part of the regulatory disclosure, GAMCO Limited provided comprehensive documentation to BSE Limited including the formal resignation letter and required annexures.

Disclosure Requirement: Status
Reason for Change: Resignation
Cessation Date: From close of business hours on 31st March, 2026
Effective From: 01st April, 2026
Material Reasons: None other than personal reasons

Resignation Letter Highlights

In his resignation letter addressed to the Directors, Mr. Singhi confirmed that there are no material reasons for his resignation other than personal reasons. He expressed appreciation for the cooperation and support received from the Board, management, and colleagues during his tenure. The outgoing Company Secretary has committed to ensuring proper handover of all statutory, secretarial, and compliance-related responsibilities to facilitate a smooth transition.

Company Leadership

The regulatory filing was signed by Mr. Rajeev Goenka, Managing Director of GAMCO Limited (DIN: 03472302). The company, formerly known as Visco Trade Associates Ltd, trades on BSE with scrip code 540097. The management will need to identify and appoint a suitable replacement to ensure continuity in statutory and compliance functions.

Historical Stock Returns for Gamco

1 Day5 Days1 Month6 Months1 Year5 Years
-5.44%-9.43%-0.11%-15.21%-18.75%+2,795.20%

How quickly will GAMCO Limited appoint a new Company Secretary to avoid any compliance gaps?

Could this resignation signal broader organizational changes or restructuring within GAMCO Limited?

What impact might the temporary absence of a Company Secretary have on GAMCO's upcoming regulatory filings and board meetings?

GAMCO Limited: Promoter Group Member Rashi Goenka Acquires 6206 Equity Shares

1 min read     Updated on 27 Mar 2026, 08:26 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

GAMCO Limited received a regulatory disclosure from promoter group member Rashi Goenka regarding acquisition of 6206 equity shares worth Rs. 2.00 each through open market transaction. The acquisition increased her total shareholding to 1411933 shares representing 2.61% of the company's issued equity capital, with comprehensive documentation submitted under SEBI SAST Regulations to BSE Limited and company compliance officer.

powered bylight_fuzz_icon
36094951

*this image is generated using AI for illustrative purposes only.

GAMCO Limited has received a comprehensive disclosure from promoter group member Rashi Goenka regarding the acquisition of equity shares under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The transaction represents a routine shareholding adjustment by an existing promoter group member, with complete regulatory documentation submitted to BSE Limited and the company's compliance officer.

Share Acquisition Details

Rashi Goenka acquired 6206 equity shares of face value Rs. 2.00 each through open market transaction on 25.03.2026. The acquisition increased her total shareholding from 1405727 shares to 1411933 shares, representing an increase from 2.60% to 2.61% of the company's issued and paid-up equity share capital.

Parameter: Details
Shares Acquired: 6206 equity shares
Face Value: Rs. 2.00 per share
Transaction Date: 25.03.2026
Mode of Acquisition: Open Market
Post-Acquisition Holding: 1411933 shares (2.61%)

Shareholding Pattern Changes

The disclosure provides a comprehensive view of the shareholding changes before and after the acquisition:

Holding Details: Before Acquisition After Acquisition Change
Number of Shares: 1405727 1411933 +6206
Percentage Holding: 2.60% 2.61% +0.01%
Encumbered Shares: Nil Nil -
Voting Rights: Nil Nil -

Regulatory Compliance and Documentation

The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rashi Goenka, residing at Satyam Towers, Kolkata, submitted the required documentation to both BSE Limited and GAMCO Limited's compliance officer on 26.03.2026. The formal disclosure letter was digitally signed and included comprehensive shareholding details as mandated by SEBI regulations.

Company Capital Structure

GAMCO Limited's equity share capital remained unchanged following this transaction. The company maintains a total equity share capital of Rs. 10,80,63,000.00 consisting of 5,40,31,500 equity shares of Rs. 2.00 each. The shares are listed on BSE Limited under scrip code 540097, with no impact on the company's overall capital structure or diluted share capital.

The transaction represents a minor adjustment in the promoter group's shareholding pattern, demonstrating continued promoter group confidence in the company while maintaining full regulatory compliance and transparency.

Historical Stock Returns for Gamco

1 Day5 Days1 Month6 Months1 Year5 Years
-5.44%-9.43%-0.11%-15.21%-18.75%+2,795.20%

Will other promoter group members follow suit with similar open market acquisitions to increase their collective stake in GAMCO Limited?

How might this gradual promoter stake increase impact GAMCO's strategic decisions regarding potential mergers or acquisitions in 2026?

Could this acquisition signal the beginning of a broader consolidation strategy by the promoter group ahead of any major corporate announcements?

More News on Gamco

1 Year Returns:-18.75%