Board Meeting21 Jul 2026, 08:31 pm
Gamco Ltd Approves Unaudited Financial Results for Q1 FY27
AI Summary
Gamco Ltd announced the approval of its unaudited financial results for the quarter ended June 30, 2026, both on standalone and consolidated bases. The Board of Directors also approved strategic investments to increase stakes in Elika Realestate Private Limited (to 60%, making it a subsidiary) and Blissara Resorts Private Limited (to 33.33%, making it an associate). Additionally, the company noted an increase in its shareholding in Decorum Infrastructure Private Limited to approximately 31.43%, making it an associate company, following an amalgamation.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Investment up to ₹5.50 lakhs to acquire 15% stake in Elika Realestate.
- Elika Realestate will become a subsidiary upon acquisition.
- Investment up to ₹18.25 crore to acquire 25.5% stake in Blissara Resorts.
- Blissara Resorts will become an associate company upon acquisition.
Price Impact
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