Gamco Ltd Completes Sale of Wholly Owned Subsidiary VAPL to Blackstone

Gamco Ltd has announced the completion of the transfer of its entire equity stake in Visco Advisory Private Limited (VAPL), a wholly owned subsidiary, to BREP Asia III India Holding Co II Pte. Ltd., an entity managed by Blackstone Inc. This transaction, finalized on August 3, 2026, follows earlier agreements dated March 26, May 29, and July 15, 2026. VAPL's contribution to Gamco's consolidated financials for FY 2025-26 was Nil turnover and a net worth of INR (75.54) Lakhs. The sale consideration received was INR 158,030,000. Post-transaction, VAPL is no longer a subsidiary of Gamco Ltd. The company confirmed compliance with SEBI LODR regulations.