Gamco Ltd Acquires 25.5% Stake in Blissara Resorts for ₹18.21 Cr

Gamco Ltd has successfully completed the acquisition of an additional 25.5% equity stake in Blissara Resorts Private Limited for a total consideration of ₹18.21 Crores. This acquisition brings Gamco's total shareholding in Blissara to 33.33%, making Blissara an associate company. The transaction was completed within the stipulated time frame and is considered an arm's length transaction, with no promoter interest involved. The investment aligns with Gamco's strategy to diversify its investment portfolio and strengthen long-term growth opportunities in the hospitality sector.