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Gammon Infrastructure Projects allots equity shares

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Capital Market

Under ESOS

Gammon Infrastructure Projects announced that the Board of Directors of the Company at its meeting held on 15 May 2015, issued and allotted 2,500,000 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 stands increased to Rs. 1,883,321,448/- divided into 941,660,724 equity shares of Rs. 2/- each fully paid up.

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First Published: May 16 2015 | 3:53 PM IST

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