Gammon Infrastructure Projects a leading construction and engineering firm has got approval to raise Rs 200 crore via rights issue. The company has received an approval at its board meeting held on May 19, 2011.

The final decision of right issue is subject to the terms being finalized with merchant bankers. However, the board deferred any decision on issue of preference shares to the promoter’s firm - Gammon India.

Gammon Infrastructure Projects is an infrastructure project development company. It is among the first companies in India to be modeled as an infrastructure developer holding company with investments spread across various sectors.

Related Gammon Infrastructure Projects Ltd. Links:

Gammon Infra Proj Share Price

0.88 -0.02 (-2.22%) Mar 04, 18:59
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1462.10
Rail Vikas Nigam 32.30
KEC International 473.15
NCC 92.60
PNC Infratech 267.75
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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