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 27 of 28.
Apr 2009
6 Apr · Business
Gammon India Ltd. has informed the Exchange that: "Gammon India Limited has been awarded a project costing Rs. 400 crores by Punatsangchhu Hydro Electricity Project authority for construction of approximately 7500 m long 10 m finished dia, Circular Shaped concrete lined Head Race Tunnel (HRT) at Wangdue, approx. 80 kms. From Thimpu, Bhutan".
Feb 2009
20 Feb · Outcome of Court Convened Meeting
Gammon India Ltd. has informed the Exchange that: "Equity Shareholders of the Company at its Court Convened Meeting held on February 20, 2009, has approved the Scheme of Amalgamation between Associated Transrail Structures Limited (the "Transferor Company") with Gammon India Limited (the "Transferee Company") and their respective Shareholders. ("the Scheme")".11 Feb · Disclosure
Gammon India Ltd. has submitted to the Exchange a disclosure pursuant to Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 based on the disclosures of pledge shares received by the Company from its promoter group on February 03, 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.
Jan 2009
28 Jan · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 65364 lacs for quarter ending on 31-DEC-2008 against Rs. 48065 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 510 lacs for the quarter ending on 31-DEC-2008 against Rs. 1030 lacs for the quarter ending on 30-SEP-2008.28 Jan · Notice of Meeting
Gammon India Ltd. has informed the Exchange that by an order made on January 16, 2009 in the Gammon India Limited Application, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity shareholders of Gammon India Limited, the Applicant Company be convened and held on February 20, 2009 for the purpose of considering, and, if thought fit, approving with or without modification(s), the Scheme of Amalgamation of Associated Transrail Structures Limited, the Transferor Company with Gammon India Limited, the Applicant Company/ Transferee Company. A copy of the notice of the meeting 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.19 Jan · Board meeting
Meeting on 28 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Oct 2008
24 Oct · Updates
Gammon India Ltd. has informed the Exchange that: "Due to the adverse market conditions, the continuous fall in the market price of the Company's shares and the general economic uncertainly, the Board has, at its meeting held on 24 October 2008 cancelled the 'Gammon India Limited Employee Stock Option Scheme 2007' and the 20,00,000 (Twenty Lakh) Options granted under the said scheme".24 Oct · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 48065 lacs for quarter ending on 30-SEP-2008 against Rs. 46032 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 1030 lacs for the quarter ending on 30-SEP-2008 against Rs. 1713 lacs for the quarter ending on 30-SEP-2007.24 Oct · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 106589 lacs for half year ending on 30-SEP-2008 against Rs. 100063 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 6274 lacs for the half year ending on 30-SEP-2008 against Rs. 4566 lacs for the half year ending on 30-SEP-2007.16 Oct · Board meeting
For consideration and approval, inter alia, of the Unaudited Financial Results (Provisional) of the Company for the quarter/ half year ended September 30, 2008.7 Oct · Results
Gammon India Ltd. has informed the Exchange regarding the results of the Postal Ballot in respect of those businesses which were transacted by means of Postal Ballot as set out in the Postal Ballot Notice dated July 31, 2008. 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.
Sep 2008
26 Sep · Meeting
Gammon India Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 25, 2008. 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.10 Sep · Meeting
Gammon India Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules 2001 the following resolutions are proposed to be passed by Postal Ballot: (1) Special Resolution u/s. 372A of the Companies Act, 1956 authorising the Board of Directors to make investments in, acquire by way of subscription, purchase or otherwise the securities of any other body corporate, make/give loans/deposits/ guarantees/securities to any other body corporate and in particular to the Companies mentioned in the Notice accompanying the Postal Ballot. (2) Special resolution u/s. 192A of the Companies Act, 1956 authorising the Board of Directors/ Compensation Committee to re-price 15,00,000 Options, granted on May 15, 2008 as set out in the Notice. The Board of Directors has appointed Mr. Chaitanya C. Dalal, Chartered Accountant, as Scrutinizer for conducting the Postal Ballot process in accordance with the law and in a fair and transparent manner. The duly completed postal ballot forms should reach to the Scrutinizer on or before the close of working hours on October 06, 2008. After completion of scrutiny of the Postal Ballot forms, the scrutinizer will submit his report to the chairman or any other director specially authorised by the Board of Directors of the Company. The results of the Postal Ballot will be announced on October 07, 2008. Further the Company has also submitted a copy of corrections in the Notice of Postal Ballot. A copy of the Notice of the Postal Ballot and correction in 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.10 Sep · Business
Gammon India Ltd. has informed the Exchange that "Gammon India Limited, through its offshore step down subsidiary, has acquired 50% shares of Sofinter S.p.A., having its registered office at Corso Italia 6, Milan, Italy, which is the holding Company of Ansaldo Caldaie S.p.A, Italy, and engaged in the manufacture of super critical boilers".5 Sep · Meeting
Gammon India Ltd. has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 25, 2008.
Aug 2008
28 Aug · Corporate action
Gammon India Ltd. has informed the Exchange that the company has announced the book closure from September 19, 2008 to September 25, 2008 (both days inclusive) for the purpose of declaration of Dividend for the financial year ended 2007-2008.
Jul 2008
31 Jul · Business
Gammon India Ltd. has informed the Exchange that at the Board Meeting of Gammon India Limited ("the Company") held on July 31, 2008 inter-alia the following business was considered : 1) Board has approved the merger of Associated Transrail Structures Limited (ATSL) with the Company subject to necessary approvals from statutory authorities. Collins Stewart Inga Private Limited is the advisor to the transaction. The fair share exchange ratio was recommended by Deloitte Touche Tohmatsu India Pvt. Limited and SSPA &Co. (Chartered Accountants). The salient features of the Scheme are as follows : a) Merger of Associated Transrail Structures Limited with Gammon India Limited; b) Swap Ratio for Merger: Shareholder holding 1(one) Equity Share of Associated Transrail Structures Limited will be allotted 2 (Two) Equity Shares of Gammon India Limited. The Scheme is subject to sanction by members of the Company, High Court and other necessary approvals.31 Jul · Business
Gammon India Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on July 31, 2008 has approved merger of Associated Transrail Structures Ltd. with the Company w.e.f. April 01, 2008 subject to necessary statutory approval.31 Jul · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 58524 lacs for quarter ending on 30-JUN-2008 against Rs. 54031 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 5243 lacs for the quarter ending on 30-JUN-2008 against Rs. 2853 lacs for the quarter ending on 30-JUN-2007.22 Jul · Board meeting
For Consideration and approval, inter alia, of the Unaudited Financial Results (Provisional) of the Company for the first quarter ended June 30, 2008.21 Jul · Grant of Options
Gammon India Ltd. has informed the Exchange that "The ESOP Compensation Committee of the Company at its meeting held on 19th July, 2008, has approved granting of 5,00,000 (Five Lakhs only) options to the Employees of the Company (including whole-time Directors and Directors) under the GIL Employees Stock Option Scheme- 2007, each option being convertible into one equity share of the Company vesting at a price of Rs.211.15 per share (closing price of the Equity Share - NSE on 18th July, 2008), subject to the Securities and Exchange Board of India (Employees Stock Option Scheme) 1999 and the terms of the GIL Employees Stock Option Scheme, 2007. The options will vest based on the criteria and in the manner specified in the Scheme".
Jun 2008
30 Jun · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 82161 lacs for quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 2129 lacs for the quarter ending on 31-MAR-2008.30 Jun · Dividend
Gammon India Ltd. has informed the Exchange that the Board of Directors at its meeting held on June 30, 2008 have recommended a final dividend @ 25% for the year 2007-08, subject to the approval of the shareholders.30 Jun · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 234491 lacs for year ending on 31-MAR-2008 against Rs. 186473 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 8615 lacs for the year ending on 31-MAR-2008 against Rs. 4448 lacs for the year ending on 31-MAR-2007.19 Jun · Board meeting
For consideration and approval inter alia, of the Audited Financial Results for the financial year ended March 31, 2008 and recommendation of dividend, if any.12 Jun · Updates
Gammon India Ltd. had informed the Exchange that Gammon India Limited through its offshore subsidiaries has acquired shares in the following overseas companies through additional infusion of equity : (1) 50% shares of Sadelmi S.p.a having its registered office at Via A. Falck n. 4/16 - 20099 Sesto San Giovanni (Milan), Italy, a company engaged in balance of plant mainly for the power sector. (2) 75.1% shares of Franco Tosi Meccanica S.p.a having its registered office at Piazza del Monumento n.12, Legnano - Milan, Italy, a company engaged in the manufacture of steam turbines for thermal and hydro-electric plants. The Company has now informed the Exchange that "The acquisition by Gammon India of Sadelmi S.p.a., Italy and Franco Tosi Meccanica S.p.a., Italy, we further wish to inform you as follows : (1) The cost of acquisition of 50% shares of Sadelmi S.p.a having its registered office at Via A. Falck n. 4/16 - 20099 Sesto San Giovanni (Milan), Italy was Euro 7.5 Million. (2) The cost of acquisition of 75.1% shares of Franco Tosi Meccanica S.p.a. having its registered office at Piazza del Monumento n. 12, Legnano - Milan, Italy was Euro 40 Million".11 Jun · Updates
Gammon India Ltd. has informed the Exchange that Gammon India Limited through its offshore subsidiaries has acquired shares in the following overseas companies through additional infusion of equity : (1) 50% shares of Sadelmi S.p.a having its registered office at Via A. Falck n. 4/16 - 20099 Sesto San Giovanni (Milan), Italy, a company engaged in balance of plant mainly for the power sector. (2) 75.1% shares of Franco Tosi Meccanica S.p.a having its registered office at Piazza del Monumento n.12, Legnano - Milan, Italy, a company engaged in the manufacture of steam turbines for thermal and hydro-electric plants.
May 2008
16 May · Management
Gammon India Ltd. has informed the Exchange that : "Mr. Himanshu V. Parikh, Whole-time Director whose term of office expired on 30th April, 2008, has been re-appointed as Whole-time Director of the Company for a further period of 5 (Five) years effective from 1st May, 2008, such re-appointment being subject to the approval of the Shareholders".16 May · Grant of Options
Gammon India Ltd. has informed the Exchange that : "The ESOP Compensation Committee of the Boards of Directors of the Company at its meeting held on 15 May, 2008, has approved granting of 15,00,000 (Fifteen Lakhs only) options to the Employees of the Company (including whole-time Directors and Directors) under the Employees Stock Option Scheme, each option being convertible into one equity share of the Company vesting at a price of Rs.395.75 per share (closing price of the Equity Share - NSE on 14th May, 2008), subject to the Securities and Exchange Board of India (Employees Stock Option Scheme) 1999 and the terms of the GIL Employees Stock Option Scheme,2007. The options will vest based on the criteria and in the manner specified in the Scheme".
Apr 2008
21 Apr · News Verification
News Verification : The media had reports on April 19, 2008 that Gammon India Ltd. has bagged an order of Rs. 800 crore from the Madhya Pradesh government to develop fifteen acres of land for commercial development. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Gammon India Ltd. has vide its letter inter-alia stated, "The Company has bagged an order from Madhya Pradesh government to develop fifiteen acres of land for commercial development for only Rs. 338 crore and not Rs. 800 crore, as has been wrongly stated in the media. Further, any order of this size, is in the normal course of business and has no bearing on the Company's market price."11 Apr · Results
Gammon India Ltd. has informed the Exchange that "The Audited results for the financial year ended 31st March, 2008 will be published on or before 30th June, 2008 instead of publishing Unaudited Results for the last quarter ended 31st March, 2008".
Feb 2008
28 Feb · Updates
Gammon India Ltd. has informed the Exchange that "Gammon Infrastructure Projects Limited (GIPL), a subsidiary of the Company, has filed the Red Herring Prospectus with the Registrar of Companies, Maharashtra in connection with its 'Initial Public Offer' (IPO) of 1,65,50,000 equity shares of the face value Rs.10/- each, comprising a net issue of 1,48,95,000 equity shares to the public and a reservation of 16,55,000 equity shares for eligible employees. The IPO is being made on 100% book building route, with the price band being Rs. 167/- to Rs.200/-. the issue will remain open from March 10, 2008 to March 13, 2008."6 Feb · Management
Gammon India Ltd. has informed the Exchange that "Mr. Jagdish C. Sheth and Mrs. Urvashi Saxena have been appointed as Additional Directors of the Company. Please note that both are non-executive and independent Directors".
Jan 2008
31 Jan · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 52267 lacs for quarter ending on 31-DEC-2007 against Rs. 44007 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 1920 lacs for the quarter ending on 31-DEC-2007 against Rs. 3160 lacs for the quarter ending on 31-DEC-2006.24 Jan · Grant of Options
Gammon India Ltd. has informed the Exchange that "The Compensation Committee of the Company in its meeting held today i.e. January 23, 2008, has approved the issue and grant of upto 20,00,000 stock options to eligible Employees of the Company under the Gammon India Limited ESOP Scheme 2007 pursuant to the approval given by the Shareholders of the Company. Further, we would like to inform you that the above grant has been made in accordance with the terms and conditions mentioned in "Gammon India Limited ESOP Scheme 2007 and Securities and Exchange Board of India (Employees Stock option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999."23 Jan · Board meeting
For consideration and approval, inter alia, of the Unaudited Financial Results (Provisional) of the Company for the third quarter ended December 31, 2007.22 Jan · Results
Gammon India Ltd. has informed the Exchange regarding the results of the Postal Ballot in respect of those businesses which were transacted by means of Postal Ballot as set out in the Postal Ballot Notice dated December 12, 2007. 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.
Dec 2007
24 Dec · Meeting
Gammon India Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules 2001 the following resolutions are proposed to be passed by Postal Ballot: (1) Special Resolution under Section 81(1A) of the Companies Act, 1956 for issue of equity shares under the Employee Stock Option Scheme to the employees of the Company; (2) Special resolution under Section 81(1A) of the Companies Act, 1956 for issue of equity shares under the Employee Stock Option Scheme to the employees of the Subsidiary Companies. The Board of Directors has appointed Mr. Chaitanya C. Dalal, Chartered Accountant, as Scrutinizer for conducting the Postal Ballot process in accordance with the law and in a fair and transparent manner. The duly completed postal ballot forms should reach to the Scrutinizer on or before the close of working hours on January 19, 2008. After completion of scrutiny of the Postal Ballot forms, the scrutinizer will submit his report to the chairman or any other director specially authorised by the Board of Directors of the Company. The results of the Postal Ballot will be announced on January 21, 2008. A copy of the Notice of the 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.12 Dec · Proceedings of Board Meeting
Gammon India Ltd. has informed the Exchange that "The Board of Directors of the Company at its meeting held today i.e. 12th December, 2007 have, subject to the approval of the shareholders which is being sought through postal ballot approved the Issue of 20,00,000 (Twenty lacs) Equity Shares of Rs. 2/- each to the Employees of the Company and its subsidiaries under the Employees Stock Option Scheme, in terms of Securities & Exchange Board of India (SEBI) (Employees Stock Option Scheme and Employees Stock purchase Scheme ) Guidelines 1999. The Board has unanimously agreed not to issue Preferential Warrants to Promoter but to further explore alternative options of raising finance including but not limited to issue of FCCBs and necessary intimation will be given to the Stock Exchanges as and when the Board decides the same.4 Dec · Board meeting
Inter alia, to transact the following business : 1) To consider issue of Warrants convertible into equity shares of the Company to the promoters on preferential basis subject to the approval of the Shareholders. 2) Issue of Stock Options / Shares to eligible employees of the Company under Securities and Exchange Board of India (Employee Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999.4 Dec · Miscellaneous
Gammon India Ltd. has informed the Exchange that "Indira Container Terminal Pvt. Ltd the special purpose vehicle incorporated by the consortium of Gammon and Dragados S.P.L has on 3rd December, 2007 signed the 'License Agreement' with the Mumbai port Trust for developing the Mumbai Offshore container Terminal Project (the 'Project'). The estimated project cost is about Rs.800 crores in the initial phase of 3 years and another Rs.400 crores subsequently, thus aggregating about Rs.1200 crores. The Project is on a BOT basis for 30 years, including a 3 years of construction & equipping period, from the date of signing the License Agreement".
Oct 2007
30 Oct · Results
Gammon India Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 100063 lacs for half year ending on 30-SEP-2007 against Rs. 79095 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 4566 lacs for the half year ending on 30-SEP-2007 against Rs. 4477 lacs for the half year ending on 30-SEP-2006.26 Oct · Miscellaneous
Gammon India Ltd. has informed the Exchange that : "Gammon Cooling Towers Limited, a Subsidiary Company of Gammon India Limited (GIL), has purchased 4,480,000 Equity Shares of Gammon Infrastructure Projects Limited (GIPL) (another subsidiary of the Company) aggregating to 3.5% of the paid-up capital of GIPL from AMIF I Ltd."19 Oct · Board meeting
Inter alia for consideration and approval of the Unaudited Financial Results (Provisional) of the Company for the quarter ended September 30, 2007.3 Oct · Demise of Director
Gammon India Ltd. has informed the Exchange that "Mr. Sujit Kumar Guha Thakurta, Director of the Company, expired on 29th September, 2007".
Sep 2007
28 Sep · Results
Gammon India Ltd. had informed the Exchange regarding the proceedings of the Annual General Meeting of the Company held on September 18, 2007. The Company has now submitted to the Exchange a copy of the results of the Postal Ballot in respect of those businesses which were to be transacted by means of Postal Ballot only. 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.28 Sep · Miscellaneous
Gammon India Ltd. has informed the Exchange that: "Gammon Infrastructure Projects Limited (GIPL), a Subsidiary of Gammon India Limited, has submitted the Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for its 'Initial Public Offer' of 16,550,000 equity shares, comprising a net issue of 14,895,000 equity shares to the public and a reservation of 1,655,000 equity shares for eligible employees".21 Sep · Meeting
Gammon India Ltd. has submitted to the Exchange a copy of the Extract of the Proceedings of the Annual General Meeting held on September 18, 2007. 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.
Aug 2007
31 Aug · Miscellaneous
Gammon India Ltd. has informed the Exchange that: "We are pleased to inform you that the consortium of Gammon and Dragados S.P.L. has received the 'Letter of Intent' for the Mumbai Offshore Container Terminal Project. The estimated project cost is about Rs.800 crores in the initial phase of 3 years and another Rs.400 crores subsequently, thus aggregating about Rs.1200 crores. The Project is on a BOT basis for 30 years, including a 3 years of construction & equipping period".30 Aug · Miscellaneous
Gammon India Ltd. has informed the Exchange that: "Gammon India Limited, the flagship company of the GAMMON GROUP, has decided to venture into the hospitality sector through the 'HOTEL' business segment by forming an alliance with Wyndham Hotel Group International, Inc. (WYNDHAM) of the USA. WYNDHAM Group, with more than 6500 hotels in its chain under 10 (ten) brands on 6 (six) continents and WYNDHAM envisages development of budget hotel brands Super 8(R) and days Inn(R) properties across India. The other brands of WYNDHAM are Howard Johnson(R), Ramada(R), Travelodge(R), AmeriHost Inn(R), Baymount Inn & Suites(R), Knights Inn(R), Wingate Inn(R), Wyndham Hotels and Resorts(R)".