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

Gamco Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, with an unmodified audit opinion. The board has proposed a dividend of Re. 0.10 (5%) per equity share of Rs. 2, subject to shareholder approval. Mr. Babu Lal Patni has been appointed as Secretarial Auditor for five years, and M/s. Kandoi & Associates as Internal Auditors for FY 2025-26. The company has also incorporated a new associate, Shalimar Gamco Private Limited, acquiring 33% equity through 3,300 shares at Rs. 10 each, aiming to diversify its investment portfolio in the glass products sector.