To issue zero coupon compulsorily convertible debentures
Gammon India at the board board meeting held on 03 April 2014, has resolved to approach the CDR lenders/Corporate Debt Restructuring Empowered Group for seeking its approval for the issue of zero coupon compulsorily convertible debentures for an amount not exceeding Rs 100 crores on preferential basis to promoters and to appoint consultants to advise the company on options for value optimisation of the company's business.Powered by Capital Market - Live News