The ESOP Compensation Committee of Gammon India in its meeting on 30 September 2011 has allotted 16,766 equity shares of Rs 2 each to the eligible employees on exercise of stock options under the Employee Stock Option Scheme -2007 (ESOP) of erstwhile Associated Transrail Structures Ltd (ATSL) which was taken over by the company on amalgamation of ATSL with Gammon India (the scheme being effective from 07 July 2009).
The paid up equity share capital of the company post allotment is 135,755,948 equity shares of Rs 2 each aggregating to Rs 27.15 crore.