Gammon Infrastructure Projects has informed that the Board of Directors of the Company at its meeting held on May 15, 2015, issued and allotted 2,500,000 equity shares of Rs 2 each following the exercise of stock options by the employees under the GIPL Employee Stock Option Scheme-2013. Upon the allotment of these shares, the paid up capital of the Company stands increased to Rs 1,883,321,448 divided into 941,660,724 equity shares of Rs 2 each fully paid up.
The above information is a part of company’s filings submitted to BSE.
