Gammon India share news and announcements

BSE: 509550Construction

Trading suspended since 3 May 2024

Last traded ₹1.65 on 10 Sep 2018

Gammon India share news and announcements

1,370 announcements, routine notices left out, newest first. Page 26 of 28.

  1. Jan 2010

  2. Dec 2009

    • 15 Dec · Business

      Gammon India Ltd. has informed the Exchange that in respect of issue of equity shares of face value Rs. 2/- each in the Company to QIB's under Qualified Institutions Placement in terms of Chapter VIII of the SEBI Regulations, the Committee of the Board of Directors has decided to issue and allot today (i.e. December 15, 2009), 12,809,400 equity shares of face value Rs 2/- each at a price of Rs. 237.45/- per Equity Share (including a premium of Rs. 235.45 per Equity Share), aggregating Rs. 3,041,592,030 ( Rupees Three Hundred and Four Crores Fifteen Lakhs Ninety Two Thousand and Thirty only). Further, the company has submitted to the Exchange copy of the resolution passed at the meeting of the QIP committee held on December 15, 2009. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 15 Dec · Updates

      Gammon India Ltd. has informed the Exchange that "Our Wholly Owned Subsidiary, SAE Powerlines S.r.l., Italy, has been awarded a 220 KV Transmission Line Turnkey Contract aggregating to USD 22.5 Million in Algeria."

    • 10 Dec · Updates

      Gammon India Ltd. has informed the Exchange that "A duly authorized committee of the board of directors of the Company has decided that the bid closing date for the Issue is December 10, 2009 and that further to bids received from qualified institutional buyers pursuant to the Issue, the Committee has approved the issue of 12,809,400 equity shares of the Company at a price of Rs.237.45/- per equity share of the Company aggregating to Rs.3,041,592,030/- (Rupees Three Hundred and Four Crores Fifteen Lakhs Ninety Two Thousand and Thirty only)."

    • 10 Dec · Updates

      Gammon India Ltd. has informed the Exchange that " Our Wholly Owned Subsidiary, SAE Powerlines S.r.I., Italy, has been awarded a power transmission project aggregating to USD 31 Million in Tanzania".

    • 8 Dec · Updates

      Gammon India Ltd. has informed the Exchange that "Our Subsidiary, Franco Tosi Meccanica S.P.A., Italy, has procured an order from an IPP for supply of Hydro Turbines, aggregating to Rs.510 Crores."

    • 2 Dec · Updates

      Gammon India Ltd. has informed the Exchange that: "Gammon India Limited has been awarded two projects by Coastal Energen Private Limited, Chennai, aggregating to Rs. 459 crores for Construction and Structural works for 2 x 600 MW Thermal Power Project near Tuticorin in Tamil Nadu".

    • 2 Dec · Updates

      Gammon India Ltd. has informed the Exchange that: "The consortium of Gammon India Limited and Pratibha Industries Limited ( Gammon is the lead partner with 51% controlling interest in the JV) has been awarded a project for ' Procurement, Fabrication and Laying of Clear Water Main From Vajarahalli To HBR on the East of Bangalore' from the Bangalore Water Supply and Sewerage Board. The total project cost is Rs.309.46 crores".

  3. Nov 2009

    • 25 Nov · Limited Review Report

      Gammon India Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the period ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  4. Oct 2009

    • 31 Oct · Results

      Gammon India Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 178797 lacs for half year ending on 30-SEP-2009 against Rs. 106589 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 6915 lacs for the half year ending on 30-SEP-2009 against Rs. 6274 lacs for the half year ending on 30-SEP-2008.

    • 31 Oct · Results

      Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 93752 lacs for quarter ending on 30-SEP-2009 against Rs. 48065 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 4409 lacs for the quarter ending on 30-SEP-2009 against Rs. 1030 lacs for the quarter ending on 30-SEP-2008.

    • 24 Oct · Meeting

      Gammon India Ltd. has submitted to the Exchange a copy of the Extract of the proceedings of the Annual General Meeting of the Company held on October 14, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 23 Oct · Meeting

      Gammon India Ltd. has informed the Exchange regarding extract of the proceedings of the Extra-ordinary General Meeting of the Company held on October 23, 2009. At the aforesaid meeting, the requisite quorum being present, Mr. Chandrahas C Dayal, Non Executive Director or the Company took the Chair and commenced proceedings of the meeting.(1). The shareholders passed the Special Resolution authorizing the Board of Directors of the Company to raise capital by issuing securities to the Qualified Institutional Buyers in accordance with the provisions of Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable laws upto an amount not exceeding USD 200 Million. (2). The Shareholders also approved Increase / variation in remuneration payable to Mr. Himanshu Parikh - Executive Director of the Company.

    • 22 Oct · Board meeting

      Meeting on 30 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”

    • 5 Oct · Meeting

      Gammon India Ltd. has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Members of the company to be held on October 14, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  5. Sep 2009

    • 30 Sep · Meeting

      Gammon India Ltd. has informed the Exchange that the Board of Directors vide a resolution passed by circulation on September 26, 2009, has decided that the member's approval for Fund Raising will be sought by convening an Extra Ordinary General Meeting of the Shareholders instead of obtaining the same by conducting a Postal Ballot and accordingly has approved the draft Notice of Extra Ordinary General Meeting to be convened on October 23, 2009.

    • 25 Sep · Board meeting

      Gammon India Ltd. has informed the Exchange that the Board of Directors of the Company has at its meeting held on September 25, 2009, inter alia approved: a) Further issue of capital to Qualified Institutional Buyers upto an amount not exceeding in the aggregate US$ 200 Million, subject to Shareholder's approval and in accordance with SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2009 and other applicable laws and b) Draft notice of Postal Ballot seeking Shareholders approval in respect of (a) above.

    • 22 Sep · Board meeting

      To consider inter alia, the following business: (1) To discuss Fund Raising Options. (2) To approve draft notice of the Extra Ordinary General Meeting / Postal Ballot.

    • 22 Sep · Meeting

      Gammon India Ltd. has informed the Exchange that the Company has obtained an extension from the Registrar of Companies, Mumbai pursuant to Section 166 of the Companies Act, 1956 for convening its Annual General Meeting. Further, the Company has informed that the Annual General Meeting of the Company will be held on October 14, 2009. The company has fixed the Book Closure from October 09, 2009 to October 14, 2009 (both days inclusive) for the purpose of declaration of Dividend for the financial year ended 2008-2009.

    • 10 Sep · Meeting

      Gammon India Ltd. has informed the Exchange that the Board has decided to convene the Annual General Meeting of the Company on October 14, 2009.

    • 10 Sep · Issue and allotment of shares

      Gammon India Ltd. has informed the Exchange that pursuant to the Scheme of Amalgamation of Associated Transrail Structures Limited (ATSL) ( 'The Transferor Company') with Gammon India Limited (GIL) ('The Transferee Company'), the Company on September 09, 2009 has issued and allotted 2,01,16,226 fully paid up Equity Shares of Rs. 2/- each to the shareholders of the erstwhile ATSL as on the record date, i.e September 03, 2009 in the ratio of 2:1 equity shares i.e 2 (two) equity shares of Rs. 2 /- each fully paid up of Gammon India Limited for every 1 (one) equity share of Rs. 10 /- each fully paid up of Associated Transrail Structures Limited.

    • 9 Sep · Results

      Gammon India Ltd. has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 516618 lacs for year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 5632 lacs for the year ending on 31-MAR-2009.

    • 2 Sep · Limited Review Report

      Gammon India Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the period ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 2 Sep · Board meeting

      To consider and approve, inter alia, Audited Consolidated Financial Results of the Company for the Financial year ended March 31, 2009.

  6. Aug 2009

    • 25 Aug · Miscellaneous

      Gammon India Ltd. has informed the Exchange that the merger of Associated Transrail Structures Limited ("ATSL") with Gammon India Limited ("GIL") effective from July 07, 2009. The Scheme provides for a swap ratio of 2:1 equity shares i.e. 2 (two) equity shares of Rs.2/- each of Gammon India Limited (the "Transferee company") as fully paid up for every 1 (one) equity share of Rs.10/- each of Associated Transrail Structures Limited (the "Transferor company"). With reference to the above it may please be noted that the Company has fixed September 03, 2009 as the 'Record date' of erstwhile ATSL for the purpose of ascertaining the eligibility of Shareholders of ATSL who would be entitled to receive the shares of 'Gammon India Limited' in the approved swap ratio of 2:1 consequent upon the merger.

  7. Jul 2009

    • 31 Jul · Results

      Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 85045 lacs for quarter ending on 30-JUN-2009 against Rs. 58524 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 2506 lacs for the quarter ending on 30-JUN-2009 against Rs. 5243 lacs for the quarter ending on 30-JUN-2008.

    • 21 Jul · Board meeting

      Meeting on 31 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”

    • 20 Jul · Management

      Gammon India Ltd. has informed the Exchange that the Board of Directors at their meeting held on July 09, 2009 has appointed the following Directors: 1) Mr. Atul Kumar Shukla has been appointed as an Additional Director ( Non-Executive, Independent) of the Company w.e.f. July 09, 2009 subject to approval by Shareholders. 2) Mr. D. C. Bagde has been appointed as an Additional Director ( Executive, Non-Independent) of the Company w.e.f. July 09, 2009 subject to approval by Shareholders.

    • 10 Jul · Business

      Gammon India Ltd. has informed the Exchange that the Board of Directors in its meeting held on July 09, 2009 has, after obtaining all necessary statutory approvals allotted 1,60,00,000 Equity warrants as detailed below: (1) Name of the Allottee: Pacific Energy Pvt. Ltd. ('PEPL'); No. of Warrants: 30,00,000. (2) First Asian Capital Resources Pvt. Ltd. (FACRPL); No. of Warrants: 65,00,000. (3) Devyani Estate & Properties Pvt. Ltd ('DEPPL') ; No. of Warrants: 65,00,000. Total: 1,60,00,000. entitling the warrant holder from time to time in one or more tranches, at their option to convert the warrants into, and apply for, equal number of equity shares of Re 2/- each for cash at a price of Rs.90.20 per equity share (including premium of Rs.88.20 per equity share). The aforementioned issue and allotment has been made in accordance with SEBI Guidelines on Preferential Issue.

    • 10 Jul · Audit Qualifications

      Gammon India Ltd. has informed the Exchange vide notes to Accounts in the Audited Financial Results for the financial year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 09, 2009) that the Company has entered into forward contracts for hedging the foreign currency receivables from its projects which are in the nature of firm commitments and highly probable future transactions. The company contends that these are entered into hedge the currency risks arising out of the firm commitments and that the announcement of the ICAI on derivatives is not applicable to such transactions. The notional market to market losses is expected to be offset by the higher realizations from the foreign currency receivables as the project progress. Therefore the company has not provided marked to market losses on such forward contracts amounting to Rs.15.93 crores as on 31 March, 2009. The statutory auditors have qualified their report for non-provision for marked to market losses arising out of foreign currency forward contracts of Rs.15.93 crores.

    • 10 Jul · Dividend

      Gammon India Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on July 09, 2009 has recommended a dividend of Rs.0.60/- per share on the Equity Shares for the financial year ended March 31, 2009 to be paid to the shareholders subject to the approval of the shareholders. The Board has also recommended dividend of Rs.21/- per share on 6% Optionally convertible preference shares for the year.

    • 10 Jul · Results

      Gammon India Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 365787 lacs for year ending on 31-MAR-2009 against Rs. 234491 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 14047 lacs for the year ending on 31-MAR-2009 against Rs. 8615 lacs for the year ending on 31-MAR-2008.

    • 10 Jul · Results

      Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2009 as follows: Net Sales of Rs. 190584 lacs for quarter ending on 31-MAR-2009 against Rs. 82161 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 7263 lacs for the quarter ending on 31-MAR-2009 against Rs. 2129 lacs for the quarter ending on 31-MAR-2008.

    • 8 Jul · Business

      Gammon India Ltd. has informed the Exchange that" The Hon'ble High Courts of Mumbai and Gujarat have vide their respective orders dated 18th June, 2009 and 2nd July, 2009, sanctioned the Scheme of Amalgamation (Scheme) of Associated Transrail Structures Limited (ATSL). ('The Transferor Company'), with Gammon India Limited, ('The Transferee Company').Certified copies of the Orders of the Hon'ble High Courts of Mumbai and Gujarat have been filed by Gammon India Ltd and ATSL with their respective Registrar of Companies on 7th July, 2009.The Scheme has, therefore become effective from 7th July, 2009.Accordingly, the amalgamation of ATSL with Gammon India Ltd takes effect from 1st April, 2008, being the Appointed Date. ATSL, the Transferor Company stands dissolved without winding up".

    • 3 Jul · Board meeting

      For consideration and approval, inter alia, of the Audited Financial Results for the financial year ended March 31, 2009 and recommendation of dividend, if any.

  8. Jun 2009

    • 30 Jun · Board meeting

      Gammon India Ltd. has informed the Exchange that Outcome of Board Meeting held on June 30, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.

    • 23 Jun · Board meeting

      For consideration and approval, Inter-alia, of the Audited Financial Results for the financial year ended March 31,2009 and recommendation of dividend, if any.

    • 17 Jun · Meeting

      Gammon India Ltd. has submitted to the Exchange extract of the proceedings of the Extra-ordinary General Meeting of the Company held on June 17, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 16 Jun · Results

      Gammon India Ltd. has submitted to the Exchange a copy of the result of the Postal Ballot in respect of the business which was transacted by means of Postal Ballot as set out in the Postal Ballot Notice dated May 06, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  9. May 2009

    • 28 May · Meeting

      Gammon India Ltd. has submitted to the Exchange Notice of Postal Ballot to pass a Special Resolution under Section 372A of the Companies Act, 1956 as specified in the Notice. A copy of the Notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 28 May · Meeting

      Gammon India Ltd. has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting as required u/s 173(2) of the Companies Act, 1956 convening an Extra-Ordinary General Meeting of the Company to be held on June 17, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 21 May · Board meeting

      Gammon India Ltd. has informed the Exchange vide its letter dated May 21, 2009 that "The Board of Directors at their meeting held today has decided the following: (I) Appointment of Directors as follows: (1) Mr. Rajul Bhansali, Executive Director has been re-appointed as an Executive Director for a period of three Years w.e.f. 30.03.2009, subject to approval by Shareholders. (2) Mr. Parvez Umrigar has been appointed as an Additional Director (Non-Executive Non- Independent) of the Company w.e.f. 1st June 2009 subject to approval by Shareholders. (3) Mr. Naval Chaudhary has been appointed as an Additional Director (Independent Non-Executive) of the Company w.e.f. 21st May 2009 subject to approval by Shareholders. (4) Mr. Rohit Modi has been appointed as the Deputy Managing Director (Executive), w.e.f. 7th June 2009, subject to approval by Shareholders. (II) Issue of 1,60,00,000 (One Crore Sixty Lacs Only) Warrants convertible into equal number of equity shares of Rs.2/- each at a price of Rs.90.20 each on preferential basis in compliance with Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000 and Companies Act 1956, to the promoter group as follows: (a) Name of the promoter : Pacific Energy Pvt Ltd.; No of Warrants : 30,00,000. (b) Name of the promoter : First Asian Capital Resources Pvt Ltd.; No of Warrants : 65,00,000. (c) Name of the promoter : Devyani Estate and Properties Pvt Ltd.; No of Warrants : 65,00,000. Total No. of Warrants : 1,60,00,000.(III) Alteration of the Articles of Association by insertion of new articles 6A in the Article of Association of the Company. (IV) Approved draft notice of Extra Ordinary General Meeting to be held on June 17, 2009, (Wednesday)".

    • 19 May · Board meeting

      To consider inter alia, the following business. (1) To discuss Fund Raising Options through issue of Warrants on Preferential basis. (2) To approve of draft notice of Extra Ordinary General Meeting.

  10. Apr 2009

    • 20 Apr · Results

      Gammon India Ltd. has informed the Exchange that the Company shall not be publishing Unaudited Financial Results for the quarter ended March 31, 2009. However the Company will publish Audited Financial Results for the year ended March 31, 2009 on or before June 30, 2009.