GAMMON INDIA LTD. - Outcome of Board Meeting

	< Back
01 Apr 2016
Gammon India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 31, 2016, at shorter notice, which commenced at 9.00 am and concluded at 9.35 am, approved further investment in its wholly owned subsidiary Gammon Power Limited ("GPL") by subscribing upto 2.25 crore equity shares of Rs. 10/- each at a price of Rs. 300/- per equity share (including a premium of Rs. 290/- per equity share) aggregating upto Rs. 675 crores (Rupees Six hundred and seventy five crores) to be issued by GPL on conversion of loan due and outstanding from GPL to the Company.
View all announcements for GAMMON INDIA LTD.	Source: BSE India

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us