Gamco Ltd — Dividend/Bonus, 05-05-2025: Corp. Action

Gamco Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025, with the auditors giving an unmodified opinion. The board proposed a dividend of 5% per equity share, subject to shareholder approval. Mr. Babu Lal Patni was appointed as Secretarial Auditor for five years, and M/s. Kandoi & Associates were appointed Internal Auditors for FY 2025-26. The company also noted the incorporation of Shalimar Gamco Private Limited, a new associate in glass products, acquiring 33% equity through subscription of shares, as part of its diversification strategy.