BSEGamco LtdMediumPositive
Announced Thu, 15 May · 10:36 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

Price

Loading chart…

▲ 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, bought 62,500 equity shares (face value Rs. 2 each) through open market transactions between May 8 and May 13, 2025. The acquisition represents 0.12% of the company's total paid-up equity capital, taking his holding from 6,15,307 shares (1.14%) to 6,77,807 shares (1.26%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011. The company's total equity capital remains Rs. 10.80 crore, consisting of 5.40 crore equity shares of Rs. 2 each.

Likely market impact

This is a small open-market purchase by a promoter (0.12% increase), signalling modest confidence in the company. The transaction is too small to materially affect share price or control, but it is mildly positive as it shows promoter buying rather than selling.