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.

Gamco Limited has received a significant disclosure from Mrs. Nikita Goenka, a member of the company's promoter group, regarding her recent purchase of company shares. This disclosure was made in compliance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers.

Disclosure Details

The company, formerly known as Visco Trade Associates Limited, informed BSE Limited about receiving this disclosure from Mrs. Goenka. The notification to the stock exchange was signed by Mr. Rajeev Goenka, the Managing Director of Gamco Limited.

Regulatory Compliance

The disclosure falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and members of the promoter group to disclose any significant changes in their shareholding in the company.

Company Information

Gamco Limited, headquartered at 25A, S.P. Mukherjee Road, 3rd floor, Bhawanipore, Kolkata- 700025, operates under the Corporate Identification Number (CIN) L57339WB1983PLC035628.

Management Statement

Mr. Rajeev Goenka, Managing Director of Gamco Limited (DIN: 03472302), signed the official communication to the BSE regarding this disclosure. The company emphasized that this information was being shared for the record and to maintain transparency with the stock exchange and its investors.

While the exact number of shares purchased by Mrs. Nikita Goenka was not specified in the available information, the disclosure suggests a notable transaction that required reporting under SEBI regulations. This move could potentially impact the company's shareholding pattern within its promoter group.