Outcome of Board Meeting

| Updated on November 09, 2012 Published on November 09, 2012

Gammon Infrastructure Projects Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 08, 2012, inter alia, has considered the following:

1. Given in-principle approval for a proposal to amalgamate with the Company the Pravara Renewable Energy Limited, a 100% subsidiary of the Company incorporated for implementing a bagasse fired co-generation facility for generation of 30 MW power at Pravaranagar on Build, Own, Operate and Transfer at Pravaranagar, Dist. Ahmednagar, Maharashtra, subject to necessary approvals; and

2. Accepted the resignation of Mr. Kunal Shroff from the Board.

Source : BSE - www.bseindia.com

Published on November 09, 2012
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