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ICICI Bank picks 17.94% stake in Gammon Infrastructure Projects

16 May 2018 Evaluate

ICICI Bank has acquired 168,999,900 shares of Gammon Infrastructure Projects through pledge invocation. Accordingly, on May 14, 2018, the total equity shareholding of the bank stands at 17.94% in the company.

Gammon Infrastructure Projects is an infrastructure project development company incorporated by Gammon India, to participate in the development of infrastructure projects on a public private partnership (PPP) basis.


Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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