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Gammon Infrastructure Projects informs outcome of board meeting

09 Nov 2012 Evaluate

Gammon Infrastructure Projects has informed that the board of directors of the Company at its meeting held on November 08, 2012, has accepted the resignation of Kunal Shroff from the board. Further given in-principle approval for a proposal to amalgamate with the company the Pravara Renewable Energy, a 100% subsidiary of the company incorporated for implementing a bagasse fired co-generation facility for generation of 30 MW power at Pravaranagar on build, own, operate and transfer at Pravaranagar, Dist. Ahmednagar, Maharashtra, subject to necessary approvals.

The above information is a part of company's filings submitted to BSE.

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