Disclosure of voting results of Extra Ordinary General Meeting of the company and scrutinisers report under regulation 44(3) of SEBI (LODR) Regulations, 2015
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Gamco Ltd (formerly Visco Trade Associates Ltd) held an Extra-Ordinary General Meeting on 19th July 2025 via video conferencing. Out of 6,642 total shareholders, 59 attended through VC (5 promoter group + 54 public). The only agenda item was a Special Resolution to delete Clause 36 under Clause 3(b) of the Memorandum of Association. Out of 5.40 crore total shares, 4.31 crore votes were polled (79.87% turnout), with 99.9998% voting in favour (4,31,53,047 votes) and just 77 votes against. Promoters voted unanimously (100% in favour), while public non-institutional holders turned out 32.44% with near-unanimous support. The scrutinizer, Babu Lal Patni (Practising Company Secretary), confirmed the resolution passed with overwhelming majority.
The resolution was approved with near-100% shareholder support, indicating no material dissent from any shareholder group. Deletion of a clause from the Memorandum of Association is a routine corporate housekeeping action and is unlikely to have any material impact on the stock price or shareholder value.