Gamco Ltd: Director Resigns, New Director Appointed, Preferential Issue Approved

Gamco Ltd announced a series of significant corporate actions following its Board of Directors meeting held on October 31, 2026. Mrs. Ayushi Khaitan resigned as a Non-Executive Independent Director. Concurrently, Mrs. Jayshri Tulsyan was appointed as a Woman Independent Non-Executive Director for a term of 2 years, subject to shareholder approval. The Board also approved the incorporation of a wholly-owned subsidiary, 'GAMCO Hospitality Private Limited'. Furthermore, the company received in-principle approval from BSE for a preferential issue of 43,05,960 equity shares at a price not less than ₹50 per share to non-promoters. The company also approved its Unaudited Financial Results for the quarter and half-year ended September 30, 2026.