Rajeev Goenka increases stake in Gamco Limited to 22.55%

1 min read     Updated on 19 Jun 2026, 11:11 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Promoter Rajeev Goenka acquired 28,734 equity shares of Gamco Limited through open market transactions between June 16 and June 18, 2026. This acquisition increased his total shareholding to 12,184,831 shares, representing 22.55% of the company's paid-up equity share capital. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Promoter Rajeev Goenka has increased his shareholding in gamco to 22.55% following the acquisition of 28,734 equity shares through open market transactions. The purchases, executed between June 16 and June 18, 2026, raise his total stake in the company to 12,184,831 shares. This move consolidates Goenka's position as a key shareholder in the Kolkata-based entity, which is listed on BSE Limited.

The disclosure was submitted to BSE Limited and the compliance officer of Gamco Limited in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates the disclosure of changes in shareholding or voting rights by promoters and acquirers. Prior to this acquisition, Goenka held 12,156,097 shares, accounting for 22.50% of the total voting capital.

Shareholding Details

The transaction involved equity shares with a face value of ₹2 each. Following the acquisition, the total equity share capital of Gamco Limited remains unchanged at Rs. 10,80,63,000, consisting of 5,40,31,500 equity shares. There were no changes in the company's diluted share capital or encumbrance details as a result of this transaction.

Particulars Number of Shares % of Total Share Capital % of Diluted Share Capital
Holding Before Acquisition
Shares carrying voting rights 12,156,097 22.50 22.50
Acquisition Details
Shares acquired 28,734 0.05 0.05
Holding After Acquisition
Total shares held 12,184,831 22.55 22.55

Transaction Summary

The acquisition was conducted solely through the open market mechanism. No other instruments such as warrants, convertible securities, or voting rights acquired otherwise than by shares were involved in the transaction. The promoter has confirmed that there are no shares encumbered through pledge, lien, or non-disposal undertakings either before or after the acquisition.

Historical Stock Returns for Gamco

1 Day5 Days1 Month6 Months1 Year5 Years
+3.66%+11.07%+22.54%+20.40%+15.94%+5,311.24%

Does this increase in shareholding signal a potential takeover bid or further consolidation plans by Rajeev Goenka?

How might this move influence the stock price and investor sentiment towards Gamco Limited in the short term?

Will other promoters or institutional investors adjust their holdings in response to Goenka's increased stake?

Raj Goenka increases stake in Gamco to 2.37%

1 min read     Updated on 19 Jun 2026, 10:20 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Promoter Raj Goenka increased his shareholding in Gamco Limited to 2.37% by acquiring 19,922 equity shares on June 16, 2026. The disclosure, filed under SEBI SAST Regulations, confirms the total holding at 12,79,919 shares.

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Promoter Raj Goenka increased his shareholding in Gamco Limited to 2.37% through an open market acquisition on June 16, 2026. The transaction involved the purchase of 19,922 equity shares with a face value of ₹2 each, raising his total holding to 12,79,919 shares. This follows a previous acquisition between June 11 and June 15, 2026, where he purchased 1,463 shares.

The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the June 16 transaction, Goenka held 12,59,997 shares, representing 2.33% 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 16 acquisition 12,59,997 2.33%
Shares acquired on June 16 19,922 0.04%
Holding after acquisition 12,79,919 2.37%

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 Day5 Days1 Month6 Months1 Year5 Years
+3.66%+11.07%+22.54%+20.40%+15.94%+5,311.24%

Does this increase in shareholding signal a potential move by Raj Goenka toward crossing the 5% threshold for substantial acquisition?

How might the market interpret this consistent accumulation in terms of future strategic changes within Gamco Limited?

Could this open market acquisition lead to a revision in the company's short-term stock valuation by investors?

More News on Gamco

1 Year Returns:+15.94%