ALPHA TRIBE

Gamco LtdImportant, 15-07-2026: Company Update

15-07-2026 | 07:29 pm

GAMCO has extended the deadline for the sale of its wholly-owned subsidiary, Visco Advisory Private Limited (VAPL), to BREP Asia III India Holding Co 11 Pte. Ltd., an entity associated with Blackstone Inc. The Board approved moving the closure date for this transaction, which involves transferring 100% equity stake, from on or before 15th July, 2026 to on or before 17th August, 2026. VAPL reported Nil turnover and a net worth of INR (0.76) Cr for FY 2025-26, representing -0.45% of GAMCO's consolidated net worth. This extension provides additional time for completing the sale.

No comments yet. Be the first to comment!

All announcements from Gamco Ltd