Gammon Infrastructure Projects Ltd approves allotment of 110000 shares

The Board of Directors of Gammon Infrastructure Projects Ltd at its meeting held on November 20, 2015, has approved the issue and allotment of 110,000 equity shares of Rs. 2/- each following the exercise of stock options by the 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 941,770,724 equity shares of Rs. 2/- each.

Shares of GAMMON INFRASTRUCTURE PROJECTS LTD. was last trading in BSE at Rs.7.41 as compared to the previous close of Rs. 7.61. The total number of shares traded during the day was 268122 in over 559 trades.

The stock hit an intraday high of Rs. 7.95 and intraday low of 7.3. The net turnover during the day was Rs. 2046474.

Source : Equity Bulls

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