GAMCO completes sale of wholly owned subsidiary VAPL to Blackstone for Rs 15.80 cr

Strategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹49.00

prior close

₹49.86

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.3% vs market

Other Financial Services peers, median of 86sector+0.0%+1.0% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 1.0 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-1.7

15m

-0.8

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+1.3-0.3+0.0+1.0

Next day

+1.6+1.6-0.0+0.0+1.6

+2.0+1.7+0.4+0.2+1.9

+1.8+1.6+0.2+0.6+1.2

-1.0+1.5-2.5+0.9-1.9

-1.8+1.8-3.7+0.5-2.3

-1.8+2.1-3.9+0.1-1.9

15d

-0.6+3.2-3.8-0.9+0.3

+0.4+3.7-3.3-1.9+2.3

-5.8+1.1-6.9-3.6-2.2

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 86Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GAMCO has completed the sale of its entire equity stake in Visco Advisory Private Limited (VAPL) to Blackstone affiliate BREP Asia III India Holding Co II Pte. Ltd. for Rs 15.80 crore. VAPL had nil turnover and a negative net worth of Rs 75.54 lakhs in FY25-26. The buyer is unrelated to promoters and is not a related party. VAPL ceases to be GAMCO's subsidiary after the deal.

Likely market impact

Cash inflow of about Rs 15.80 cr from divestment of a non-core, loss-making subsidiary. Minimal revenue impact as VAPL had nil income.