StockWatch
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Other Financial Services
Acquisitions25 Jun 2026, 06:30 pm

Gamco Ltd Completes Acquisition of 7.83% in Blissara Resorts

AI Summary

Gamco Ltd has announced the successful completion of its acquisition of 7.83% equity shares in Blissara Resorts Private Limited. This acquisition involves 1700 equity shares for a total consideration of ₹5,07,50,100. The transaction was finalized within the stipulated timeline as per previous intimations and regulatory requirements under Listing Regulations. This move signifies Gamco's strategic expansion and investment in the hospitality sector through Blissara Resorts.

Key Highlights

  • Gamco Ltd acquired 7.83% equity shares of Blissara Resorts Private Limited.
  • The total consideration for the acquisition was ₹5,07,50,100.
  • The transaction involved 1700 equity shares.
  • Acquisition completed within the specified timeline.
  • Regulatory compliance under Listing Regulations followed.