Raj Goenka increases stake in Gamco to 2.42%
Promoter Raj Goenka increased his shareholding in Gamco Limited to 2.42% by acquiring 15,000 equity shares on June 23, 2026. The open market transaction raised his total holding to 13,04,966 shares. The disclosure was filed under SEBI SAST Regulations.

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Promoter Raj Goenka increased his shareholding in Gamco Limited to 2.42% through an open market acquisition on June 23, 2026. The transaction involved the purchase of 15,000 equity shares with a face value of ₹2 each, raising his total holding to 13,04,966 shares. This follows a previous acquisition on June 17 and June 18, 2026, where he purchased 10,047 shares to reach a 2.39% stake.
The disclosure was submitted to BSE Limited on June 24, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the June 23 transaction, Goenka held 12,89,966 shares, representing 2.39% of the company's equity share capital.
The equity share capital of Gamco Limited remains at ₹10,80,63,000.00, consisting of 5,40,31,500 equity shares of ₹2 each. There were no changes to the shares encumbered or voting rights held otherwise than by shares during this period.
Shareholding Details
| Description | Number of Shares | % of Share Capital |
|---|---|---|
| Holding before June 23 acquisition | 12,89,966 | 2.39% |
| Shares acquired on June 23 | 15,000 | 0.03% |
| Holding after acquisition | 13,04,966 | 2.42% |
The transaction was conducted entirely through the open market route. The total diluted share and voting capital of the company remains unchanged at 5,40,31,500 equity shares.
Historical Stock Returns for Gamco
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +1.72% | +20.69% | +30.64% | +23.02% | +5,369.89% |
Does Raj Goenka intend to continue increasing his stake to cross the 5% threshold, which would trigger additional disclosure requirements?
What impact might these consistent promoter acquisitions have on retail investor sentiment and the stock's liquidity?
Is the open market accumulation strategy a signal of confidence in Gamco Limited's upcoming quarterly performance?































