Gammon Infrastructure Projects Ltd approves issue of 75000 shares

The Board of Directors of Gammon Infrastructure Projects Ltd at its meeting held on February 14, 2015, has approved the issue and allotment of 75,000 equity shares of Rs. 2/- each following the exercise of stock options by some employees under the 'GIPL Employee Stock Option Scheme, 2013'. Upon the allotment of these shares, the paid up capital of the Company stand increased to 939,145,724 equity shares of Rs. 2/- each.

Shares of GAMMON INFRASTRUCTURE PROJECTS LTD. was last trading in BSE at Rs.15 as compared to the previous close of Rs. 15.1. The total number of shares traded during the day was 84857 in over 755 trades.

The stock hit an intraday high of Rs. 15.6 and intraday low of 14.85. The net turnover during the day was Rs. 1288058.

Source : Equity Bulls

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