GAMCO Limited, formerly known as Visco Trade Associates Limited, successfully conducted its Extra-Ordinary General Meeting (EOGM) on Saturday, July 19, 2025, via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The company reported that shareholders approved the special resolution to delete Clause 36 under Clause 3(b) of its Memorandum of Association (MoA) with near-unanimous support.

As per the filing made with BSE Limited under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed detailed voting results and the scrutinizer’s report confirming the transparency of the entire process.

The key highlights of the EOGM proceedings are:

• The meeting was conducted in compliance with SEBI and MCA circulars, allowing participation through VC/OAVM without physical presence or proxy appointments.

• Total shareholder participation stood at 79.87%, with 43,153,124 votes polled out of 54,031,500 total shares.

• The promoters and promoter group polled 99.73% of their holding, all in favour.

• Among public non-institutional shareholders, 32.44% participated, with an overwhelming 99.9985% voting in favour.

Special Resolution: Deletion of Clause 36 of Clause 3(b) in MoA

The agenda item, a special resolution, sought shareholder approval to delete Clause 36 from the company’s Memorandum of Association. This clause's removal is part of a broader effort by the management to streamline and update the company’s objectives in alignment with present business focus and regulatory clarity.

According to the scrutinizer’s report submitted by Mr. Babu Lal Patni, a practicing company secretary, the resolution received 43,153,047 votes in favour and only 77 votes against, reflecting 99.9998% approval.

The voting was conducted in two modes:

• Remote e-voting, held from July 16 to July 18, 2025, through the CDSL platform.

• Live e-voting during the EOGM, accessible to shareholders who had not used remote e-voting.

Mr. Patni confirmed the results were compiled based on data obtained from the CDSL e-voting platform and the e-voting during the meeting. No invalid votes were recorded. The voting process was supervised and unblocked in the presence of two neutral witnesses who are not employees of GAMCO.

The company’s Company Secretary, Mr. Risbh Kumar Singhi (Membership No. A52762), and Director Rajeev Goenka, formally acknowledged and filed the results with BSE. The same has also been updated on the company’s website — www.gamco.co.in.

This decisive mandate from shareholders demonstrates broad investor confidence in GAMCO’s strategic direction and governance framework. The approved change in MoA is expected to further streamline the company's operational and compliance framework.

GAMCO Limited, with its registered office at 25A, S.P. Mukherjee Road, 3rd Floor, Bhawanipore, Kolkata – 700025, has been consistently working towards enhancing transparency, shareholder participation, and aligning its corporate structure with future ambitions.

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