Gammon Power

The company had approved to sale of upto 30 percent of equity shares of Gammon Infrastructure Projects held through its wholly owned subsidiary Gammon Power.

Gammon India to invest up to Rs 675 cr in Gammon Power Ltd

Earlier, Gammon India had said its board will this week consider a proposal for investment in the company's engineering procurement and construction business.

Targeting topline growth of Rs 1000 crore: Gammon Infra

KK Mohanty, MD, Gammon Infra says the share transfer is a part of a restructuring exercise. He says all asset-based investments are being transferred into a single entity, while Gammon India will remain the EPC arm of Gammon Group.

Gammon Infra rallies 5%, promoter to sell entire stake

Gammon India, the promoter company, said the board of directors of the company has approved sale of 5,28,000,000 equity shares (representing 71.93 percent stake) held by the company in its subsidiary Gammon Infrastructure Projects to its another subsidiary Gammon Power. The transaction is subject to all the necessary approvals.