Outcome of Board Meeting (EGM on Sept 20, 2014)

| Updated on August 21, 2014 Published on August 21, 2014

Gammon India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 21, 2014,
has approved sale of 528,000,000 equity shares held by the Company in its subsidiary viz. Gammon Infrastructure Projects Limited to its another subsidiary viz. Gammon Power Limited, subject to all the necessary approvals.

The Board has also, at the aforementioned meeting, approved convening of an Extra Ordinary General Meeting of the members of the Company on September 20, 2014 to transact, inter alia, the aforementioned business.

Source : BSE - www.bseindia.com

Published on August 21, 2014
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