Gamco Ltd — Important, 14-10-2025: Company Update
14-10-2025 | 02:11 pm
14-10-2025 | 02:11 pm
GAMCO LIMITED's board has approved the sale of its entire 100% equity stake in its wholly-owned subsidiary, Visco Advisory Private Limited (VAPL). The company currently holds 1,00,000 shares, valued at Rs. 0.1 Cr, in VAPL. VAPL is not a material subsidiary, contributing nil to consolidated income and having a negative net worth of (0.0917) Cr in the last financial year. This disposal requires shareholder approval, for which an Extraordinary General Meeting will be convened. The buyer will not be from the promoter group, and the transaction is not considered a related party transaction.
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