BSEGamco LtdLowPositive
Announced Mon, 19 May · 13:04 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Goenka

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raj Goenka, a promoter of Gamco Limited (BSE: 540097), acquired 27,530 equity shares (face value Rs. 2 each) through open market transactions between May 14 and May 16, 2025. His stake in the company rose from 6,77,807 shares (1.26%) to 7,05,337 shares (1.31%), an increase of 0.05%. The total paid-up equity capital of the company remains at Rs. 10,80,63,000 consisting of 5,40,31,500 shares. The acquisition was disclosed under SEBI Takeover Regulations, 2011.

Likely market impact

Promoter buying through the open market is generally seen as a confidence signal from insiders. However, the increase is small (just 0.05%) and the promoter's total holding remains modest at 1.31%, so the price impact is likely limited.