GAMMON INFRASTRUCTURE PROJECTS LTD. - Allotment of Equity Shares

Gammon Infrastructure Projects Ltd has informed BSE that the Compensation Committee of the Board has by way of circular resolution on October 30, 2014 approved the issue and allotment of 6,10,000 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 stand increased to 938,810,724 equity shares of Rs. 2/- each.