Gammon Infrastructure Projects has informed that the Board of Directors of the Company at its meeting held on November 20, 2015, has approved the issue and allotment of 110,000 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 stand increased to 941,770,724 equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
