BSECompany Update4 Aug 2026 · 4 Aug 2026, 03:29 pm
This is to inform that the Company has completed the transfer of entire equity stake held in Visco Advisory Private Limited ("VAPL") a wholly owned subsidiary of the Company to BREP Asia ....
Gamco Ltd · 540097
✦ AI SummaryDivestiture
Gamco Ltd has completed the transfer of its entire equity stake in Visco Advisory Private Limited to BREP Asia III India Holding Co II Pte. Ltd., an entity owned by funds managed and/or advised by affiliates of Blackstone Inc. The transaction was completed within the time period mentioned in earlier intimations.
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Governance Concern2/10
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Balance Sheet Risk6/10
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Market Sentiment5/10
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Full Announcement
Gamco Ltd - 540097 - Update Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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Date: 4th August, 2026
The Manager
Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400001
Scrip Code: 540097
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (SEBI LODR)– Sale of Wholly Owned Subsidiary Intimation under Regulation 30
of SEBI LODR
Dear Sir/Madam,
This is in continuation to our intimation dated 26th March, 2026, 29th May, 2026 and 15th July, 2026, regarding
execution of the Securities Subscription and Purchase Agreement (“SSPA”) for transfer of entire equity stake held
in its wholly owned subsidiary, Visco Advisory Private Limited (“VAPL”), to BREP Asia III India Holding Co II Pte. Ltd.,
an entity owned by funds managed and/or advised by affiliates of Blackstone Inc. (“Blackstone”)
In this regard, we wish to inform you that the Company has completed transfer of entire equity stake held in its
wholly owned subsidiary, “VAPL”, to “Blackstone”. The transaction has been completed within the time period as
mentioned in all the earlier intimations, as required under Regulations 30 of SEBI LODR read with SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Subsequent to this, VAPL ceases to be the wholly owned subsidiary of GAMCO LIMITED.
We request you to take this information on record.
Thanking you,
Yours sincerely
Yours faithfully,
For, GAMCO LIMITED
Monika Kedia
Company Secretary
ACS: 26726
Encl: as above
ANNEXURE A
(As per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026)
Details on Disposal/ Sale of Wholly owned subsidiary
Sr. No. Particulars Details
a) The amount and percentage of the Based on consolidated financial statements for FY 2025-26:
turnover or revenue or income and net Turnover: Nil Net Worth: INR (75.54) Lakhs.
worth contributed by such unit or division
or undertaking or subsidiary or associate
company of the listed entity during the
last financial year.
b) Date on which agreement for sale has 26th March 2026
been entered into.
c) The Executed /expected date of
completion of sale/ disposal. 03rd August, 2026
d) Consideration received from such sale/
INR 158,030,000
disposal.
e) Brief details of buyer and whether buyer
BREP Asia III India Holding Co II Pte. Ltd., an entity owned by
belongs to a promoter or a promoter
funds managed and/or advised by affiliates of Blackstone Inc.
group. If yes, provide details.
The Buyer does not belong to a promoter/promoter group.
f) Whether the transaction would fall within
related party transactions? If yes,
whether the same is done at “arm’s
length”.
g) Whether the sale, lease or disposal of the The transaction does not qualify as disposal of an undertaking or
undertaking is outside Scheme of substantial business activity under Regulation 37A of LODR
Regulations, as the subsidiary does not constitute a material or
Arrangement? If yes, details of the same
substantial business segment of the Company.
including compliance with regulation 37A
of LODR Regulations.
h) Additionally, in case of a slump sale, Not applicable.
indicative disclosures provided for
amalgamation/merger shall be disclosed
by the listed entity with respect to such
slump sale.
For GAMCO LIMITED
Monika Kedia
Company Secretary
Membership No. – A26726