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NSE Announcements on Gammon Infra
Posted by :
MMB MessengerGammon Infrastructure Projects Limited has informed the Exchange regarding "Patna- Muzzafarpur Highway upgradation under NHDP Phase - III". 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)....
BSE Announcements on Gammon Infra
Posted by :
MMB Messenger
Gammon Infrastructure Projects Ltd has informed BSE that the National Highways Authority of India has given the letter of award dated November 18, 2009 to the Company for upgradation of NH-47 from Patna to Muzaffarpur in the State of Bihar under the NHDP Phase - III on BOT (Annuity) basis. The project involves upgrading the existing highway to a four lane dual carriageway starting from km 0.000 (Ramashish Chowk) to Km 46.300 and construction of a 16.870 Km. new bypass starting at Km 46.300 and connecting NH-28 of East-West Corridor at Km. 515.045.
The estimated cost of the project is Rs. 850 crores. The concession period of the project is 15 years including the construction period of 2.5 years. The Company will receive 25 semi-annual annuity of Rs. 94.6 crores....
What will be it Price?
Posted by :
rmvadera1They are to come out with QIP for 500 crores before march 2010. So before that they must pull the price upto atleast Rs 50. They had come out with the public issue @ Rs. 33.40 in March 2008. Afterwards lot many developments have happened, so obviously they will not like to issue share below Rs. 50. To get that rate for QIP of Rs. 500 crores, they have no option other than pulling the market price to atleast Rs. 50 before March 2010....
What will be it Price?
Posted by :
lp_03what wil be gammon`s price in 3 months?...
I got credit today into my account yu should also see it shortly....
BSE Announcements on Gammon Infra
Posted by :
MMB MessengerGammon Infrastructure Projects Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009. ...
I had 400 shares before split on my icici direct account and I still find only 400 shares. I know how to allocate.
Any idea when the split shares will be shown on my icici direct account? ...
Split
Posted by :
tarun_patel1968from face valve of rs 2 , so 100share u get 500 shares...
BSE Announcements on Gammon Infra
Posted by :
amir123
philips, if u think it is some under ground play, thats fine..but in essence such action is taken so price becoms more afforable in market which increase public participation and ultimately volume/numbers of shares traded..some call it liquidity.it makes it easier to sell / buy etc.
On the other hand the upside possibilities to market price also improves. a 20 rs stock can touch 30 but the same stock at 100 rs to reach 150 is much harder....
BSE Announcements on Gammon Infra
Posted by :
philipsNow the face value is 10 it change to 2.Means if you have 1 share after split it will be 5 same time the price also dividing.100 become 20.It`s like some under ground play........
NSE Announcements on Gammon Infra
Posted by :
MMB MessengerMembers of the Exchange are hereby informed that 21070 partly paid up equity shares of Gammon Infrastructure Projects Limited has become fully paid up on receipt of call money. In view of the above, trading in above fully paid up shares shall be available under the ISIN No. - INE181G01017 w.e.f. October 20, 2009....
BSE Announcements on Gammon Infra
Posted by :
GuestWhat exactly do u mean by `sub-division/stock split of Rs 10/ per share of the company into Rs 2/ each`???...
BSE Announcements on Gammon Infra
Posted by :
MMB MessengerGammon Infrastructure Projects Ltd has informed BSE that October 27, 2009 has been fixed as the Record Date for the purpose of sub-division/stock split of Rs 10/- per share of the Company into the shares of Rs. 2/- each. ...
NSE Announcements on Gammon Infra
Posted by :
MMB MessengerGammon Infrastructure Projects Limited has informed the Exchange that the Shareholders of Company viz. Gammon Infrastructure Projects Limited (GIPL), has approved the sub-division of the existing issued and un-issued equity shares of the Company of the face value of Rs.10/- each into five equity shares of the Company with a face value of Rs.2/- each at the Annual General Meeting of the Company held on September 23, 2009. The Company has fixed October 27, 2009 as the Record Date for the sub-division of equity shares....



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