BSEGamco LtdMediumPositive
Announced Fri, 20 Jun · 11:16 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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raj Goenka, part of the promoter group of Gamco Limited, bought 30,683 equity shares (face value Rs. 2) through open market transactions between June 16 and June 18, 2025. This raised his holding from 8,28,739 shares (1.54%) to 8,59,422 shares (1.59%) of the company's paid-up capital, an increase of about 0.06 percentage points. The disclosure was filed under SEBI SAST Regulation 29(2), which is required when there is a change in shareholding or voting rights. Gamco's total equity capital remains unchanged at Rs. 10.80 crore (5.40 crore shares of Rs. 2 each).

Likely market impact

The acquisition is small in size and unlikely to move the stock price meaningfully, but it signals continued promoter confidence in the company. No pledge or encumbrance activity was reported, and the promoter stake remains well below any regulatory threshold.