GAMCO Ltd. to Acquire 96.26% Stake in Uma Properties & Traders Limited for ₹88 Crores

Gamco has announced a significant move in its strategic expansion plans by entering into a Share Purchase Agreement to acquire a majority stake in Uma Properties & Traders Limited (UPTL). The deal, valued at ₹88.00 crores, will see GAMCO acquiring approximately 96.26% of UPTL's paid-up share capital.

Acquisition Details

Item	Detail
Target Company	Uma Properties & Traders Limited (CIN: U51909WB1980PLC032591)
Acquisition Cost	₹88.00 crores
Stake Acquired	96.26% (approx.)
Payment Method	Through banking channels (in one or more tranches)
Expected Completion Date	On or before October 30, 2025

About Uma Properties & Traders Limited

Item	Detail
Incorporation Date	March 15, 1980
Industry	Real Estate
Core Business	Owning land and building
Recent Financial Performance	Turnover of ₹18.97 lakhs (as of March 31, 2025)

Strategic Implications

Subsidiary Status: Upon completion of the acquisition, UPTL will become a subsidiary of GAMCO.
Business Expansion: This acquisition aligns with GAMCO's strategy of exploring opportunities for strategic acquisitions to expand its business portfolio.
Market Position: The move is expected to strengthen GAMCO's presence in the real estate sector.

Transaction Insights

The acquisition does not fall under related party transactions.
Promoter groups collectively hold approximately 3.60% in UPTL's paid-up share capital.
No governmental or regulatory approvals are required for this acquisition.

GAMCO has informed the BSE Limited about this acquisition in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company views this acquisition as a step towards its broader expansion strategy in the real estate sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.81%	-1.20%	-1.87%	+9.45%	-4.05%	+3,078.29%

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

Item	Details
Shares Acquired	20,877
Face Value	Rs. 2.00 per share
Percentage of Holding	0.04%
Mode of Acquisition	Open market purchase
Date of Acquisition	September 8-11, 2025

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.