GAMMONIND

Gammon India Ltd. had informed the Exchange regarding the proceedings of the Annual General Meeting of the Company held on September 18, 2007. The Company has now submitted to the Exchange a copy of the results of the Postal Ballot in respect of those businesses which were to be transacted by means of Postal Ballot only. A copy 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).<a href=/content/corporate/Gammon_PB_28092007.zip target=NEW> For more details click here.</

Gammon India Ltd. has informed the Exchange that: "Gammon Infrastructure Projects Limited (GIPL), a Subsidiary of Gammon India Limited, has submitted the Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for its 'Initial Public Offer' of 16,550,000 equity shares, comprising a net issue of 14,895,000 equity shares to the public and a reservation of 1,655,000 equity shares for eligible employees".

Gammon India Ltd. has submitted to the Exchange a copy of the Extract of the Proceedings of the Annual General Meeting held on September 18, 2007. 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).<a href=/content/corporate/GammonIndia_AGMProceedings.zip target=NEW> For more details click here.</a>

Gammon India Ltd. has informed the Exchange that: "We are pleased to inform you that the consortium of Gammon and Dragados S.P.L. has received the 'Letter of Intent' for the Mumbai Offshore Container Terminal Project. The estimated project cost is about Rs.800 crores in the initial phase of 3 years and another Rs.400 crores subsequently, thus aggregating about Rs.1200 crores. The Project is on a BOT basis for 30 years, including a 3 years of construction & equipping period".

Gammon India Ltd. has informed the Exchange that: "Gammon India Limited, the flagship company of the GAMMON GROUP, has decided to venture into the hospitality sector through the 'HOTEL' business segment by forming an alliance with Wyndham Hotel Group International, Inc. (WYNDHAM) of the USA. WYNDHAM Group, with more than 6500 hotels in its chain under 10 (ten) brands on 6 (six) continents and WYNDHAM envisages development of budget hotel brands Super 8(R) and days Inn(R) properties across India. The other brands of WYNDHAM are Howard Johnson(R), Ramada(R), Travelodge(R), AmeriHost Inn(R), Baym

Gammon India Ltd. has informed the Exchange that they have announced Book Closure from September 14, 2007 to September 18, 2007 (both days inclusive) for the purpose of payment of Dividend for the financial year ended March 31, 2007.

Gammon India Ltd. has informed the Exchange with respect to the Board Meeting held on July 31, 2007, that: "The balance unutilized portion of the GDR issue of Rs.60 Crore as at March 31, 2007 has been utilized for working capital requirements".

Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 54031 lacs for quarter ending on 30-JUN-2007 against Rs. 41253 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 2853 lacs for the quarter ending on 30-JUN-2007 against Rs. 1862 lacs for the quarter ending on 30-JUN-2006.

Gammon India Ltd. has informed the Exchange with respect to the Board Meeting held on June 30, 2007, that: "The unused Proceeds of Rs.7,500 lacs raised from GDR issue made in January 2006 was utilised for meeting working capital requirements to the extent of Rs.1500 lacs and balance amount of Rs.6000 lacs is still lying in Fixed deposits with Banks".

Gammon India Ltd. has informed the Exchange that the Board of Directors at their meeting held on June 30, 2007 has recommended a final dividend @ 5% each in addition to interim dividend @ 20% paid by the Company for the year ended 2006-2007.

Gammon India Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2007 as follows: Net Sales of Rs. 185169 lacs for year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 4448 lacs for the year ending on 31-MAR-2007.

Gammon India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2007 as follows: Net Sales of Rs. 62067 lacs for quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. (3190) lacs for the quarter ending on 31-MAR-2007.

Gammon India Ltd. has informed the Exchange that "Gammon Infrastructure Projects Limited (Gammon), a subsidiary of Gammon India limited and Macquarie, a global leader in infrastructure acquisition, funding and management, have formed an exclusive alliance to bid for the grant of rights for the development, operation and management of Chennai Airport, which is the next expected privatization opportunity in the Indian airports sector. According to a Memorandum of Understanding (MoU) signed recently, Macquarie and Gammon will hold equal equity stakes in the project. The consortium may also look t

Gammon India Ltd. has informed the Exchange that the Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.

Gammon India Ltd. has informed the Exchange that Gammon Realty Limited, [a Company incorporated to carry on the business of promoters, developers, builders and construction and/or maintenance contractors of residential premises, (including blocks, flats, apartments, bungalows, dwelling houses, row houses, chawls, hutments) commercial and industrial premises etc.], has become a subsidiary of Gammon India Limited w.e.f. March 28, 2007.

Gammon India Ltd. has submitted to the Exchange a copy of the results of the Postal Ballot. A copy 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).<a href=/content/corporate/gammon_PBres_290307.zip target=NEW> For more details click here.</a>

Gammon India Ltd. has informed the Exchange that: "The Securities Appellate Tribunal (SAT) has on 23rd March, 2007, admitted the appeal of Gammon Infrastructure Projects Limited (GIPL), the Company's subsidiary, and passed an interim order directing the Securities Exchange Board of India (SEBI) to process GIPL's draft 'Red Herring Prospectus' expeditiously. This appeal was filed by GIPL against SEBI's order dated 21st December, 2006, which denied GIPL access to the capital market for a period of one year from therefrom".

Gammon India Ltd. has informed the Exchange that: "The Board of Directors of the Company at its meeting held on 21st March, 2007, has declared an Interim Dividend of 20% (i.e. Rs.0.40/- per Equity Share) for the Financial Year 2006-2007 payable on and from 30th March, 2007 to all the shareholders whose names appear in the Register of Members on the record date as fixed i.e. 29th March, 2007".

Gammon India Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 the following resolution is proposed to be passed by Postal Ballot: Special Resolution u/s. 372A of the Companies Act, 1956 authorising the Board of Directors to make investments in, acquire by way of subscription, purchase or otherwise the securities of any other body corporate, make/ give loans/ deposits/ guarantees/ securities to any other body corporate and in particular to the Companies mentioned in the Notic

Gammon India Ltd. has informed the Exchange that "The members of the Company will consider to approve by way of Postal Ballot, the special resolution for facilitating intercorporate Loans, Investments etc. pursuant to Section 372A of the Companies Act, 1956. The Company has appointed Chaitanya C Dalal, of M/s. Chaitanya C Dalal & Co., Chartered Accountants as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The Postal Ballot form duly completed should reach the Scrutinizer not later than the close & working hours on 26th March, 2007. The Scrutinizer will s

Gammon India Ltd. has informed the Exchange on February 05, 2007 that "SEBI, vide its letter dated 2nd February 2007, has advised the Merchant Bankers of Gammon Infrastructure Projects Ltd. (GIPL), our subsidiary, that the proposed IPO of GIPL, cannot be permitted for a period of one year from the SEBI order dated 21st December, 2006. Gammon India Ltd. has today filed an appeal with the SAT against the said order of SEBI dated 21st December, 2006".

Gammon India Ltd. has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the period ended September 30, 2006 and 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/CorporateAnnouncements).<a href=/content/corporate/Gammon_LR_131206.zip target=NEW> For more details click here.</a>

Gammon India Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the members of the Company held on September 26, 2006. The copy of the proceedings shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gammon_290906.zip target=NEW> For more details click here.</a>

Gammon India Ltd. has informed the Exchange that the Company will be paying the dividend @ 30% for the fifteen months period ended March 31, 2006 on and from October 12, 2006 subject to the approval of the Shareholders at the Annual General Meeting to be held on September 26, 2006.

Gammon India Ltd. has submitted to the Exchange a copy of the Notice of the AGM of the members of the Company scheduled to be held on September 26,2006. 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).

Gammon India Ltd. has informed the Exchange that MR. P. S. Gupchup, Company Secretary has resigned as the Company Secretary. Further, Mrs.Gita Bade has been appointed as the Company Secretary and Compliance Officer w.e.f. Sepember 01,2006.

Gammon India Ltd. has informed the Exchange that the company has announced Book Closure from September 19,2006 to September 26,2006 (Both days inclusive) for the purpose of payment of Dividend for the fifteen months period ended March 31,2006.

Gammon India Ltd. has informed the Exchange that Mr. Naushad Forbes has been appointed as an Additional Director at the meeting of the Board of Directors of the Company held on August 11,2006. The resignations of Mr. W. Paul Harriman, Mr. Kunal Shroff and Mr. Shobhit Rajan have also been taken on record at the same meeting.

Gammon India Ltd. has informed the Exchange that the Board of Directors at their meeting held on June 29,2006 have recommended a Dividend of 30% on equity shares.

Gammon India Ltd. has informed the Exchange that : (i) the Consortium of Gammon India Limited - SOMAGEC S.A. - DRAPOR S.A. has been awarded the project for construction of a New Container Terminal including dredging and back-fill at the Port of Dakar, Senegal, valued at Euro 25.20 million (approx Rs. 141 crores). (ii) The Consortium consisting of Gammon India Limited and Gammon Infrastructure Projects Limited (a Subsidiary of the Company) has been awarded two projects by National Highways Authority of India, namely, Kosi river bridge project and Gorakhpur bypass project. These projects are on

Gammon India Ltd. has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited and PAC : HSBC Halbis Partners (HOng Kong) Ltd has acquired 22,50,000 shares of Gammon India Ltd. on April 13, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds-A/C HSBC Global Investment Funds (Mauritius) Limited and PAC:HSBC Halbis Partners (Hong Kong) Ltd after the said acquisition is 71,87,600 shares aggregating to 8.21% of the total paid up capital of Gammon India Ltd.

HSBC Halbis Partners (Hong Kong) Ltd has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited and PAC : HSBC Halbis Partners (HOng Kong) Ltd has acquired 22,50,000 shares of Gammon India Ltd. on April 13, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds-A/C HSBC Global Investment Funds (Mauritius) Limited and PAC:HSBC Halbis Partners (Hong Kong) Ltd after the said acquisition is 71,87,600 shares aggregating to 8.29% of the total paid up capital of Gammon India Ltd.

Gammon India Ltd. has informed the Exchange that Gammon Cooling Towers Limited, ( a closely held Company with a paid-up capital of Rs.5 lacs), has become a subsidiary of Gammon India Limited with effect from March 31,2006.

Gammon India Ltd. has informed the Exchange that Gammon Cooling Towers Limited (a closely held company with a paid-up capital of Rs.5 lacs),has become a subsidiary of Gammon India Limited w.e.f March 31, 2006.

Gammon India Ltd. has informed the Exchange that Gammon Infrastructure Projects Limited (GIPL), a subsidiary of the Company, has on March 28, 2006 filed with Securities and Exchange Board of India the Draft Red Herring Prospectus in respect of its forthcoming IPO.

Gammon India Ltd. has informed the Exchange that Grammon Infrastructure Projects Ltd (GIPL), a subsidiary of the Company at its Board Meeting held on March 25, 2006, considered and approved the proposal to issue equity shares through Initial Public Offerings (IPO) by book building process.

Gammon India Ltd. has informed the Exchange that Gammon Project Developers Limited, (a Company incorporated to develop, operate, construct, repair, make tenders, apply or bid for, acquire, transfer to operating companies in the infrastructure sector, any infrastructure facilities), has become a subsidiary of Gammon Infrastructure Projects Limited (GIPL). As GIPL is a subsidiary of Gammon India Limited, Gammon Projects Developers Limited in turn has become subsidiary of Gammon India Limited.

Gammon India Ltd. has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the period ended December 31, 2005 and 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/CorporateAnnouncements).

Gammon India Ltd. has informed the Exchange that the Company has secured four projects from National Highways Authority of India and National Hydroelectric Power Corporation Ltd. The projects are valued approximately at Rs.10,047 million in aggregate.

Gammon India Ltd. has informed the Exchange that Uno Investments has sold 40,75,000 shares aggregating to 4.74% of the share capital of Gammon India Limited on February 07, 2006. The mode of sale is through Market sale and the shareholding of Uno Investments after the said sale is Nil shares of Gammon India Limited.

Gammon India Ltd. has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited has acquired 19,95,976 shares aggregating to 2.32% of the total paid up capital of Gammon India Ltd. on February 03, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited after the said acquisition is 49,63,576 shares aggregating to 5.77% of the total paid up capital of Gammon India Ltd.

Gammon India Ltd. has informed the Exchange that the Company has successfully raised approximately US $ 13 million by issuing 1372700 Global Depository Receipts (GDRs) under the over-allotment option. The GDRs were priced at US-$-9.47 per GDR. Each GDR is represented by one equity share of face value of Rs.2/- each. Taking into account US-$-87 million raised in the last week of January 2006, the Company has thus raised approx. US-$-100 million through GDR issue in aggregate. The company has further informed that the securities referred to herein have not been registered under the U.S. Secur

Uno Investments has informed the Exchange that they have sold 4,075,000 shares aggregating to 5.3% of the total paid up capital of Gammon India Limited on February 07, 2006. The mode of sale is through Open Market and the shareholding of Uno Investments after the said sale is Nil shares of Gammon India Limited.

Gammon India Ltd. has informed the Exchange that Uno Investments has sold 20,00,000 shares aggregating to 2.32% of the share capital of Gammon India Limited. The mode of sale is through Market sale and the shareholding of Uno Investments after the said sale is 40,75,000 shares aggregating to 4.74% of the share capital of Gammon India Limited.

HSBC Halbis Partners (Hong Kong) Limited has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited has acquired 1,995,976 shares of Gammon India Ltd. on February 03, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited after the said acquisition is 4,963,576 shares aggregating to 5.77% of the total paid up capital of Gammon Ind

Uno Investments has informed the Exchange that they have sold 2,000,000 shares aggregating to 2.6% of the total paid up capital of Gammon India Limited on February 03, 2006. The mode of sale is through Open Market and the shareholding of Uno Investments after the said sale is 4,075,000 shares aggregating to 5.3% of the total paid up capital of Gammon India Limited.

Gammon India Ltd. has informed the Exchange that the Company has successfully raised approximately US $ 87 Million by issuing 9186900 Global Depository Receipts (GDRs), which were priced at US $ 9.47 per GDR. Each GDR is represented by one equity share of the face value of Rs.2/- each. The company has further informed that the securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to U. S. persons (other than distributors) unless the securities are registered under

Gammon India Ltd. has informed the Exchange that Gammon India Limited has priced its US $ 87 million issue of 9,186,900 Global Depository Receipts (GDRs) (excluding a greenshoe option of up to US $ 13 million, or 1,372,700 GDRs). The GDRs, each representing one underlying share of Rs.2 of the Company, will be listed on the Luxembourg Stock Exchange and traded on the Euro MTF market. The GDRs were placed through a book building exercise. The issue has generated demand from international investors, in particular from Asia and Europe. Macquarie Bank Limited acted as the sole bookrunner on this tr

Gammon India Ltd. has informed the Exchange that Gammon Infrastructure Projects Limited (GIPL), a subsidiary of Gammon India Limited, has privately placed 1,60,00,000 equity shares of Rs.10/- each at a price of Rs. 75.88 per share, including premium of Rs. 65.88 aggregating to Rs. 121,40,80,000/-. This represents 12.5% of post issue paid up share capital of GIPL.

Gammon India Ltd. has informed the Exchange that UTI Mutual Fund has acquired 1,09,180 shares aggregating to 0.1420% of the total paid up capital of Gammon India Ltd. on November 28, 2005. The mode of acquisition is Secondary Market Purchase and the shareholding of UTI Mutual Fund after the said acquisition is 39,03,895 shares aggregating to 5.0759% of the total paid up capital of Gammon India Ltd.