GAMCO Limited Acquires 96.26% Stake in Uma Properties & Traders Limited

1 min read     Updated on 23 Oct 2025, 07:47 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

GAMCO Limited has completed the acquisition of approximately 96.26% equity shares in Uma Properties & Traders Limited (UPTL), making UPTL its subsidiary. The acquisition was executed through a Share Purchase Agreement and finalized within the previously announced timeframe. GAMCO Limited made the disclosure in compliance with SEBI regulations, ensuring transparency in its corporate actions.

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

Gamco Limited has successfully completed the acquisition of approximately 96.26% equity shares in Uma Properties & Traders Limited (UPTL), as announced in a recent regulatory filing. This strategic move marks a significant expansion for GAMCO Limited, with UPTL now becoming its subsidiary.

Acquisition Details

The transaction, which was executed through a Share Purchase Agreement, was finalized within the indicative timeframe outlined in GAMCO's earlier intimation dated September 24, 2025. The completion of this acquisition aligns with the company's growth strategy and may strengthen its position in the real estate sector.

Regulatory Compliance

GAMCO Limited has adhered to the necessary regulatory requirements throughout the acquisition process. The company made the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in its corporate actions.

Key Points of the Acquisition

Aspect Details
Acquiring Company GAMCO Limited
Target Company Uma Properties & Traders Limited (UPTL)
Stake Acquired Approximately 96.26% equity shares
Completion Date October 23, 2025
Regulatory Framework SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Result of Acquisition UPTL becomes a subsidiary of GAMCO Limited

This acquisition may signify GAMCO Limited's intent to expand its portfolio and potentially leverage UPTL's assets and operations. However, the specific strategic implications and future plans following this acquisition have not been disclosed in the current announcement.

Investors and market watchers may want to keep an eye on future communications from GAMCO Limited for more details on how this acquisition fits into the company's long-term growth strategy and its potential impact on the company's financial performance.

As with any significant corporate action, stakeholders should conduct their own research and consider seeking professional advice to understand the full implications of this acquisition on their investment decisions.

Historical Stock Returns for Gamco

1 Day5 Days1 Month6 Months1 Year5 Years
-8.30%-8.12%-19.69%-0.92%-12.47%+3,062.60%

GAMCO Reports Quarterly Loss Amid Revenue Decline

1 min read     Updated on 22 Oct 2025, 07:22 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Gamco, a financial services company, reported a net loss of ₹775.20 lakhs for Q2 FY2026, compared to a profit of ₹516.28 lakhs in Q1. Consolidated revenue dropped 62.12% to ₹2,253.55 lakhs, with a net loss of ₹829.67 lakhs. The company's half-year standalone profit decreased to ₹1,451.65 lakhs. Gamco approved acquisition of a 96.27% stake in Uma Properties & Traders Limited. As of September 30, 2025, Gamco's net worth was ₹6,215.75 lakhs, with a debt-equity ratio of 3.28.

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

Gamco (ISIN: INE890S01026), a financial services company, has reported a significant downturn in its financial performance for the quarter ended September 30, 2025. The company faced challenges in both its standalone and consolidated operations, with notable declines in revenue and profitability.

Standalone Performance

On a standalone basis, Gamco reported a net loss of ₹775.20 lakhs for the quarter, a stark contrast to the profit of ₹516.28 lakhs in the previous quarter. The company's revenue from operations saw a substantial decrease, falling to ₹2,047.43 lakhs from ₹5,018.68 lakhs in the prior quarter.

Consolidated Results

The consolidated financial results paint a similar picture:

Particulars (₹ in lakhs) Q2 FY2026 Q1 FY2026 Change (%)
Revenue from operations 2,253.55 5,948.93 -62.12%
Net Profit/(Loss) (829.67) 2,928.56 -128.33%

The company's consolidated revenue from operations decreased by 62.12% quarter-over-quarter, while it swung from a profit to a significant loss.

Half-Year Performance

For the half year ended September 30, 2025, Gamco's standalone profit stood at ₹1,451.65 lakhs, down from ₹2,900.18 lakhs in the corresponding period of the previous year.

Strategic Acquisition

On September 24, 2025, Gamco's Board of Directors approved a share purchase agreement to acquire a controlling interest in Uma Properties & Traders Limited. Upon completion, expected by October 30, 2025, Gamco will hold a 96.27% stake in Uma Properties and Traders Limited.

Financial Position

As of September 30, 2025, Gamco reported:

Metric Value
Net Worth ₹6,215.75 lakhs
Debt-Equity Ratio 3.28
Total Debts to Total Assets 0.71

The company's capital to risk-weighted assets ratio, calculated as per RBI guidelines, stood at 48.85%.

Despite the challenging quarter, Gamco maintains a focus on its core financial services business. The company's management may look to leverage its new acquisition and existing strengths to improve performance in the coming quarters.

Investors and stakeholders will be watching closely to see how Gamco navigates these financial headwinds and whether the strategic acquisition of Uma Properties & Traders Limited will contribute to future results.

Historical Stock Returns for Gamco

1 Day5 Days1 Month6 Months1 Year5 Years
-8.30%-8.12%-19.69%-0.92%-12.47%+3,062.60%
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