Gamco Ltd — Others, 05-05-2025: Corp Action

Gamco Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, along with an unmodified audit opinion. The board has proposed a dividend of Re. 0.10 (5%) per equity share of Rs. 2 each, subject to shareholder approval. Mr. Babu Lal Patni has been appointed as Secretarial Auditor for five years, pending shareholder consent, and M/s. Kandoi & Associates as Internal Auditors for FY 2025-26. The company has also acquired a 33% stake in Shalimar Gamco Private Limited, a new associate engaged in glass products, diversifying its investment portfolio.