Board Meeting Details
The Board of Directors meeting was held on Saturday, October 31, 2026, commencing at 2:00 PM and concluding at 6:00 PM.
Financial Results Approval
The Board approved the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and Half Year ended September 30, 2026. The financial statements were reviewed by the statutory auditors, Pawan Gupta & Co.
Standalone Financial Highlights (Q2 September 2026):
- Total Income: ₹13,787.42 lakhs
- Revenue from Operations: ₹13,756.84 lakhs
- Sale of Securities: ₹12,101.34 lakhs
- Net Gain on fair value changes: ₹1,464.19 lakhs
- Interest Income: ₹17.02 lakhs
- Dividend Income: ₹101.60 lakhs
- Income from derivatives: ₹72.69 lakhs
- Profit before tax: ₹609.11 lakhs
- Tax Expense: ₹4.07 lakhs
- Profit after tax: ₹605.04 lakhs
- Earnings per share (Basic & Diluted): ₹1.12
- Paid-up Equity Share Capital: ₹1,080.63 lakhs (face value ₹2 each)
Half Year Standalone Performance (September 2026):
- Total Income: ₹24,884.00 lakhs
- Profit after tax: ₹3,874.76 lakhs
- Earnings per share: ₹7.17
Consolidated Financial Highlights (Q2 September 2026):
- Total Income: ₹14,094.13 lakhs
- Profit after tax: ₹607.03 lakhs
- Share of Profit/(loss) of Associates: ₹(1.42) lakhs
- Profit for the period: ₹605.61 lakhs
- Earnings per share: ₹1.12
Director Appointment
The Board approved appointment of Mrs. Jayshri Tulsyan (DIN: 00638851) as Woman Independent Non-Executive Director (Additional) with effect from October 31, 2026. Her term will be for 2 years, subject to shareholder approval. She is a qualified Company Secretary (FCS 7725) with expertise in company law, corporate governance, and regulatory compliance.
Director Resignation
Mrs. Ayushi Khaitan (DIN: 10171829) resigned as Women Non-Executive Independent Director effective close of business hours on October 31, 2026, due to personal reasons.
Preferential Share Issue Approval
The Board noted the in-principle approval from BSE (Letter No. LOD/PREF/DA/FIP/1038/2026-27 dated October 30, 2026) for issue of 43,05,960 Equity Shares of ₹2 each at a price not less than ₹50 to non-promoters on preferential basis as per SEBI LODR Regulations. Shareholders had approved this through Special Resolution at AGM held on September 16, 2026.
Subsidiary Incorporation
The Board approved incorporation of a wholly owned subsidiary under the proposed name "GAMCO Hospitality Private Limited," subject to ROC and regulatory approvals.
Contact Information Update
The Board noted revised email IDs (tradevisco@gmail.com and communications@gamcoltd.com) and updated website (https://gamcoltd.com/) for official communications.
Significant Transactions and Events
1. Completed acquisition of 33.33% (7,800 equity shares) of Blissara Resorts Private Limited at total consideration of ₹2328.53 lakhs, approved by Board on May 21, 2026.
2. Received final order for Scheme of Amalgamation between Complify Trade Private Limited (Transferor) with GAMCO LIMITED (Transferee) passed by Regional Director, Eastern Region (Order No. RD/T/41716/s-233/26/403 dated April 22, 2026). The amalgamation was accounted under 'Pooling of Interest' method with effective date April 1, 2026.
3. Completed transfer of entire equity stake in Visco Advisory Private Limited to BREP Asia III India Holding Co 11 Pte. Ltd. on August 3, 2026.
Financial Position (Standalone as at September 30, 2026)
- Total Assets: ₹51,144.27 lakhs
- Investments: ₹30,325.66 lakhs
- Inventories: ₹19,084.25 lakhs
- Total Financial Liabilities: ₹28,423.78 lakhs
- Borrowings: ₹28,230.63 lakhs
- Total Equity: ₹20,775.67 lakhs
Additional Disclosures (Standalone)
- Debt-Equity Ratio: 1.36
- Net Worth: ₹20,775.67 lakhs
- Net Profit Margin: 4.39% for Q2, 15.57% for H1
- Capital to risk-weighted assets ratio: 34.43%
#Tags: #GAMCOLimited #Q2Results #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral