Appointment of Mrs. Monika Kedia as Company Secretary and compliance officer of the Company w.e.f 21.05.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gamco Ltd's board meeting on May 21, 2026 approved multiple items including appointment of Mrs. Monika Kedia as Company Secretary and Compliance Officer w.e.f. May 21, 2026. She is a qualified Company Secretary and ICSI member pursuing MBL from NLSIU Bengaluru. The board also appointed Mr. Satish Kumar Garg as Independent Non-Executive Director for 3 years. Key financial results show standalone loss of Rs. 4,499.99 lakhs for FY26 vs profit of Rs. 516.28 lakhs in FY25, with consolidated loss of Rs. 4,714.44 lakhs. The company reported a valuation loss of Rs. 5,010.65 lakhs on equity securities due to market corrections. The board approved investment of up to Rs. 6 crore for acquiring up to 10% stake in Blissara Resorts Private Limited (hospitality sector). Additionally, the company completed sale of its wholly-owned subsidiary Visco Advisory Pvt Ltd to a Blackstone entity, completed acquisition of 96.27% of Uma Properties and Traders Ltd, and received approval for amalgamation of Complify Trade Pvt Ltd with Gamco.
The appointment of a new Company Secretary strengthens compliance function. However, the company reported significant losses for FY26 driven by equity market corrections, though the stake sale and new investments suggest strategic repositioning. Shareholders may react to the large loss figure despite positive OCI gains.