Gamco Ltd promoter Rashi Goenka acquires additional 53,000 shares, raising stake to 2.80%
On 26 June 2026, Gamco Ltd disclosed that promoter Rashi Goenka bought 53,000 equity shares in open‑market transactions on 24‑25 June, increasing her holding to 1.51 million shares (2.80% of capital).
What Gamco Ltd announced
Gamco Ltd filed a Regulation 29(2) disclosure with BSE on 26 June 2026, informing the market that Mrs. Rashi Goenka – a member of the promoter group – has increased her shareholding in the company. The increase stems from an open‑market purchase of 53,000 equity shares of Rs 2 each, executed on 24 June and 25 June 2026. After the transaction, Ms. Goenka’s total holding stands at 1,512,853 shares, which translates to 2.80 % of the issued and paid‑up equity share capital of Gamco Ltd.
"The acquisition was made through open‑market transactions and brings the promoter’s stake to 2.80 % of the total share capital."
The filing satisfies the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which require promoters to disclose any change in shareholding that crosses the 1 % threshold.
Details of the acquisition
- Acquirer: Mrs. Rashi Goenka (promoter group)
- Number of shares acquired: 53,000 equity shares (face value Rs 2 each)
- Mode of acquisition: Open market purchase
- Acquisition dates: 24 June 2026 – 25 June 2026
- Total shares after acquisition: 1,512,853
- Percentage of issued share capital after acquisition: 2.80 %
- Percentage of diluted share capital after acquisition: 2.80 %
- Total equity share capital of Gamco Ltd: Rs 10,80,63,000 (540,31,500 shares of Rs 2 each) – unchanged by the transaction.
The filing also confirms that no shares are pledged, encumbered, or subject to any other voting rights. There were no warrants, convertible securities, or other instruments involved.
Shareholding before and after acquisition
| Metric | Before acquisition | After acquisition | Change |
|---|---|---|---|
| Shares holding voting rights | 1,459,853 | 1,512,853 | +53,000 |
| % of issued share capital | 2.70 % | 2.80 % | +0.10 % |
| % of diluted share capital | 2.70 % | 2.80 % | +0.10 % |
| Encumbered shares | Nil | Nil | – |
| Other voting rights (VR) | Nil | Nil | – |
The increase of 53,000 shares represents a modest rise in the promoter’s stake, but it is material enough to trigger a mandatory disclosure under SEBI’s SAST regulations.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Gamco Ltd |
| BSE Scrip Code | 540097 |
| Acquirer | Mrs. Rashi Goenka (promoter) |
| Shares acquired | 53,000 equity shares |
| Total holding after acquisition | 1,512,853 shares (2.80 % of capital) |
| Mode of acquisition | Open market |
| Acquisition dates | 24‑25 June 2026 |
| Total equity share capital | Rs 10,80,63,000 (540,31,500 shares) |
| Filing date | 26 June 2026 |
| Source | BSE Regulation 29(2) filing |
Why this matters for investors
The disclosure is a compliance requirement under SEBI’s Substantial Acquisition of Shares & Takeovers (SAST) Regulations. It informs shareholders that a promoter has increased her stake, which can be relevant for assessing promoter confidence and potential future actions. Because the transaction was executed in the open market, there is no dilution of existing shareholders’ equity; the total share capital remains unchanged. The filing also confirms that the newly acquired shares are free‑of‑charge, meaning they are not pledged as security for any loan or other obligation. Investors can therefore update their records of promoter holdings without anticipating any immediate capital restructuring.
Conclusion
Gamco Ltd’s Regulation 29(2) filing confirms that promoter Rashi Goenka purchased an additional 53,000 shares on 24‑25 June 2026, raising her total stake to 2.80 % of the company’s equity. The acquisition was made through open‑market transactions, did not alter the company’s share capital, and involved no encumbrances. The disclosure satisfies SEBI’s reporting obligations, and the updated promoter holding is now part of the public record.
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