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Gamco LtdImportant, 19-01-2026: Company Update

19-01-2026 | 06:45 pm

GAMCO LIMITED's board recently approved two key items. The company will dispose of its entire 100% equity stake in its wholly-owned subsidiary, Visco Advisory Private Limited (VAPL). VAPL is not considered a material subsidiary, and this sale will mean it's no longer a subsidiary. Additionally, the board constituted a new "Finance Committee" comprising Mr. Dinesh Arya, Mr. Rajeev Goenka, and Mr. Dipak Sundarka. This committee is specifically tasked with finalizing the terms and conditions for the sale of VAPL. This move streamlines the company's structure by divesting a non-material asset and establishes a dedicated committee for the transaction.

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