Gamco has reported a change in its shareholding pattern as a promoter group entity acquired a small stake in the company through open market transactions.

Acquisition Details

Rajeev Goenka HUF, a promoter group entity of Gamco, has acquired 20,877 equity shares, representing 0.04% of the company's paid-up equity share capital. The acquisition took place through open market transactions between September 8-11, 2025.

Transaction Specifics

Pre and Post-Acquisition Holding

Prior to this transaction, Rajeev Goenka HUF held no shares in Gamco. Following the acquisition, their holding stands at 20,877 shares, representing 0.04% of the company's total equity share capital.

Company Share Capital

Gamco's total equity share capital consists of 5,40,31,500 equity shares with a face value of Rs. 2.00 each, amounting to a total of Rs. 10,80,63,000.00.

Regulatory Compliance

The acquisition was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made to both the BSE Limited and the Compliance Officer of Gamco.

This transaction represents a minor change in the company's shareholding pattern, with a promoter group entity increasing its stake in the company through market purchases.

In a recent development in the Indian stock market, Raj Goenka, a promoter of Gamco , has increased his stake in the company through a series of open market transactions. The acquisitions took place between September 3-5, 2025, as disclosed in a regulatory filing under SEBI regulations for substantial acquisition of shares and takeovers.

Acquisition Details

Raj Goenka acquired 5,478 equity shares of Gamco through open market purchases. This acquisition has resulted in an increase in his total shareholding from 936,815 shares to 942,293 shares. The newly acquired shares represent approximately 0.01% of the company's total issued and paid-up equity share capital.

Shareholding Impact

Following this transaction, Raj Goenka's stake in Gamco has risen to 1.75% of the company's total issued and paid-up equity share capital. This move underscores the promoter's confidence in the company's prospects and aligns with the interests of other shareholders.

Company Share Structure

Gamco's shares have a face value of Rs. 2 each. The company's total equity share capital consists of 5,40,31,500 shares, amounting to Rs. 10,80,63,000. This structure remains unchanged after the recent acquisition by the promoter.

Regulatory Compliance

The disclosure of this transaction was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such disclosures are crucial for maintaining transparency in the stock market and keeping investors informed about significant changes in shareholding patterns, especially those involving company promoters.

Market Implications

While the acquisition represents a relatively small percentage of the company's total shares, it may be viewed positively by the market as it demonstrates the promoter's continued commitment to and confidence in Gamco. However, investors should conduct their own research and consider various factors before making investment decisions based on this information.

As always, market participants are advised to monitor official company announcements and regulatory filings for the most up-to-date and accurate information regarding shareholding changes and other material developments.