Board approves preferential issue of 43 lakh shares at Rs 50 to non-promoters
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 3.6 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Gamco Limited board on Aug 17, 2026 approved issuing up to 43,05,960 equity shares (face value Rs 2) at Rs 50 each (Rs 48 premium) via preferential allotment to 44 non-promoter allottees for Rs 21.53 crores cash. AGM set for Sept 16, 2026 for shareholder approval. V Singhi & Associates appointed as internal auditor for FY 2026-27.
Dilution of about 7.38 percent for existing shareholders; company raises about Rs 21.53 crores cash from non-promoter investors.