ae
GAMMON
27 January, 2016
Towers, Dalal Strect,
Mumbai = 400001, Ine
BSE Code: $0950
‘ind attn: Ms, Usha shanma = GM, Surveillance 8 Supervision
Respected Madam,
"Re: You letter No, /DOSS/ON/RV/2S/2015-16/209 dated 27" January, 2016
regarding “Claritication/Confirmation—en_news_item_appearing_in
sna. Financlalexpress.com
With reference to your aforementioned letter, we wish to inform you thatthe Company
vide its letter dated 27 October, 2015, interaiia had alredy announced to the
‘exchanges, the slump sale of the Company's Transmission and Distribution undertaking
to Transrail Lighting Limited TLL") and) aso that the Company has signed an
Investment cum Shareholders Agreement wth Slav Software PvE. Ltd CInvester) for
sale of 75% of ls stake In TLL for acquiring the Company's Transmission and Distribution
business,
We further wish to inform you that the Company vide its letter dated 17° November,
2015, has interaia informed the exchange regarding the transfer ef the Company's cl
Engineering. Procurement and Canstrucien usiess to IRs wholly ewned subsidiary
Gammon Retail Infaszucture Pvt. Ltd. and that the Company's Board le evaluating
proposals from potental Investors for ts Engineering Procurement and Construction
business. The Company would lke to cary that no such investment proporals have.
been fazed as on do.
‘The Company hes fom time to time, Kept the exchanges informed about the various
festrucuring plans and all events and information pertaining to the Company and
Fequing disdoaure urder Regulation 20 of the SEBI(Using Obligations & Disclosure
Requirements) Regulatons, 2015 and shall continue to do 0,
Request yu to take the aforementioned information on record
Thanking you.
vourh ty,
ratagivon son, ren
ia a
oian SECRETARY
GAMIMON INDIA LIMITED
An 180 9001 Company
Higlow 912 6h a 36g) stow ga non + 2008
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