Allotment of Equity Shares

Gammon India Ltd has informed BSE that the ESOP Compensation Committee in its meeting held on January 10, 2012 has allotted 18,720 Equity Shares of Rs. 2/- each to the eligible employees on exercise of stock options under the Employee Stock Option Scheme - 2007 (ESOP) of erstwhile Associated Transrail Structures Limited (ATSL) which was taken over by the Company on amalgamation of ATSL with Gammon India Limited (the scheme being effective from July 07, 2009). The paid up Equity Share Capital of the Company post allotment is 135,774,668 Equity Shares of Rs. 2/- each aggregating to Rs. 271,549,336/-.

Source : BSE - www.bseindia.com

Published on January 10, 2012
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