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Thursday, December 13, 2007
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Equity News
Dec 12 2007 5:58PM
Gammon India to issue equity shares
The board of Gammon India has approved the issue of 20,00,000 equity shares of Rs 2 each to the employees of the company and its subsidiaries under the ESOP.

The board has unanimously agreed not to issue preferential warrants to promoters but to further explore alternative options of raising finance including, but not limited to issue of FCCB's.

This was approved at the board meeting held on 12 December 2007.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
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