Gamco Limited confirmed compliance with SEBI disclosure norms by publishing newspaper advertisements on July 28, 2026, verifying the dispatch of notices for its Extra-Ordinary General Meeting (EOGM). The meeting, scheduled for Tuesday, August 18, 2026, at 12:30 p.m. (IST), will seek shareholder approval for the appointment of Satish Kumar Garg as a Non-Executive Independent Director. This procedural confirmation ensures that all registered shareholders have been formally notified of the upcoming vote, which is critical for strengthening the company’s governance framework.

The advertisements appeared in Business Standard (English) and Arthik Lipi (Bengali) editions dated July 28, 2026. This publication fulfills the requirements under Regulation 30 and Regulation 47 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move follows the Board of Directors' recommendation of Garg’s appointment after a review by the Nomination and Remuneration Committee. Garg was initially appointed as an Additional Director on May 21, 2026, and will hold office for three consecutive years until May 20, 2029, if ratified by shareholders.

Director Profile and Qualifications

Satish Kumar Garg (DIN: 11671752) brings over three decades of experience in public auditing and governance to the board. He qualified as a Chartered Accountant in November 1988, securing All India Rank 12, and later became a Company Secretary with first rank in the Eastern Region in December 1990. He also holds an LLB from Delhi University (1995).

Garg served as the Comptroller & Auditor General of India (C&AG) for 32 years, overseeing audits for both the Government of India and State Governments. His expertise includes international training at the National Audit Office (NAO) in London and a Management Development Program at Berkeley University in California. In 2025, he received the CAG’s Award for "Innovation and Excellence in Public Auditing" for developing a Risk Assessment Model adopted across C&AG offices. He currently serves as a member of Gamco’s Audit Committee and Stakeholders Relationship Committee.

Voting and Meeting Logistics

Shareholders holding shares as of the cut-off date, Tuesday, August 11, 2026, are eligible to vote. Remote e-voting will be facilitated by Central Depository Services (India) Limited (CDSL) from Saturday, August 15, 2026, at 9:00 a.m. IST, until Monday, August 17, 2026, at 5:00 p.m. IST. Members can vote via the CDSL portal or their depository participant interfaces. Physical proxies are not available for this VC/OAVM meeting per MCA circulars.

CS Babu Lal Patni has been appointed as the Scrutinizer to oversee the voting process. The share transfer registers will remain closed from August 12, 2026, to August 18, 2026, to determine eligibility. The results will be declared within 48 hours of the meeting’s conclusion.

Gamco Limited returned to profitability in the quarter ended June 30, 2026, reporting a standalone net profit of ₹3,269.71 lakh compared to a net loss of ₹4,784.11 lakh in the previous quarter ended March 31, 2026. The company's total standalone income for the quarter stood at ₹11,096.58 lakh, driven primarily by revenue from the sale of securities amounting to ₹10,226.46 lakh. On a consolidated basis, the net profit for the period was ₹3,243.36 lakh, with total income reaching ₹11,371.52 lakh.

The Board of Directors, at its meeting held on July 21, 2026, approved the unaudited financial results for the quarter. The results were reviewed by the Statutory Auditors, Pawan Gupta & Co., in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that it follows the 'Pooling of Interest' method for the amalgamation of Complify Trade Private Limited, which became effective from April 01, 2026.

In a strategic move to expand its business, the Board approved an investment of up to ₹5.50 lakhs to acquire an additional 15% stake in Elika Realestate Private Limited. This acquisition, expected to be completed on or before September 30, 2026, will increase Gamco's holding to 60%, making Elika Realestate Private Limited a subsidiary. The target entity is engaged in the real estate business and reported nil turnover for the financial year ended March 31, 2026.

Additionally, the Board sanctioned an investment of up to ₹18.25 crore to acquire an additional 25.5% stake in Blissara Resorts Private Limited. This transaction, also slated for completion by September 30, 2026, will result in Gamco holding approximately 33.33% of the paid-up equity share capital, classifying Blissara Resorts as an associate company. The hospitality sector entity reported a turnover of ₹3.24 lakh for the financial year ended March 31, 2025.

The company also noted that its shareholding in Decorum Infrastructure Private Limited increased to approximately 31.43% pursuant to the Scheme of Amalgamation of Complify Trade Private Limited. Consequently, Decorum Infrastructure Private Limited has become an associate company. Furthermore, Gamco reiterated that the sale of its wholly owned subsidiary, Visco Advisory Private Limited, to BREP Asia III India Holding Co II Pte. Ltd., is expected to be completed on or before August 17, 2026.

Financial Performance Summary