Gamco Ltd — Updates, 05-05-2025: Company Update

Gamco Limited has announced a board meeting approving the financial results for the quarter and half-year with an unmodified audit opinion. The board has proposed a 5% dividend per equity share, subject to shareholder approval. Mr. Babu Lal Patni has been appointed as Secretarial Auditor for five years, and Kandoi & Associates as Internal Auditors for 2025-26. The company also incorporated a new associate, Shalimar Gamco Private Limited, acquiring 33% equity to diversify its investment portfolio into the glass products industry. This strategic minority stake supports risk mitigation and portfolio expansion.