Nature of the Disclosure

This is a regulatory filing by Gamco Limited (Scrip Code: 540097) to BSE Limited, intimating the completion of an acquisition under Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure is dated August 7, 2026, and is signed by Monika Kedia, Company Secretary (ACS:26726).

Key Transaction Details

  • Target Entity: Blissara Resorts Private Limited (CIN: U55101DL2001PTC112216)
  • Business of Target: Engaged in the business of hotels and resorts.
  • Transaction Type: Acquisition of an additional 25.5% equity stake.
  • Total Consideration: ₹18,21,03,300 (₹18.21 Crores).
  • Payment Method: Cash consideration.
  • Completion Date: August 7, 2026.

Post-Transaction Shareholding

Subsequent to this acquisition, Gamco Limited's total shareholding in Blissara Resorts Private Limited has increased to 33.33% of the equity share capital. Consequently, Blissara Resorts Private Limited has now become an Associate Company of Gamco Limited.

Background and Financials of Target

  • Date of Incorporation: August 28, 2001.
  • Turnover History:
  • FY 2023: ₹ Nil
  • FY 2024: ₹ Nil
  • FY 2025 (Audited): ₹ 3.24 Lakhs
  • Country of Operation: India.

Regulatory and Transaction Context

  • Related Party Transaction: The acquisition is not a related party transaction. None of the promoters or members of the promoter group of Gamco Limited have any interest in Blissara Resorts.
  • Arm's Length: The transaction was confirmed to be executed at arm's length.
  • Regulatory Reference: The disclosure is made pursuant to SEBI LODR Regulation 30 and refers to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
  • Government Approvals: Stated as "As applicable."

Strategic Rationale

The stated object of the acquisition is that the investment is aligned with Gamco Limited's strategy to diversify its investment portfolio and strengthen long-term growth opportunities.

Transaction Timeline

The transaction was completed within the indicative time period mentioned in the company's prior intimation to the exchange dated July 21, 2026.

#Tags: #GamcoLimited #SEBIRegulation30 #Acquisition #HospitalitySector #CorporateDisclosure