Gammon India informed the stock exchanges on Friday that the CDR lenders and joint lenders collectively hold 63.07% of the total equity capital of the company.
Gammon India also said it has allotted 41.24 lakh equity shares of face value of Rs 2 each at a price of Rs 11.89 per share (including premium of Rs 9.89) aggregating to Rs 4.90 crore to DBS Bank on conversion of part of its outstanding loan and interest into equity shares of the company pursuant to ‘notice of conversion’, for conversion of debt into equity shares under the strategic debt restructuring package of the company.
Infosys Q4 Results: Profit jumps by 30% YoY to Rs 7,975 crore, FY25 revenue guidance revised
Vedanta’s Hindustan Zinc recognised as third largest producer of silver globally
Bling it on! Branded jewellery stores set to mushroom
May need more support from govt: Vodafone Idea CEO
