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Gammon Infrastructure Projects informs about Allotment of Equity Shares

16 May 2015 Evaluate

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.

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