AMIF sells 10.81% stake in Gammon Infra

AMIF (I) on Tuesday sold 10.81% stake in Gammon Infrastructure Projects (Gammon Infra) for an aggregate amount of Rs 294.98 million. The company sold a total of 15,119,425 shares at the price of Rs 19.51 a share on the Bombay Stock Exchange (BSE).  Shares of the company gained Rs 0.9, or 4.64%, to settle at Rs 20.30. The total volume of shares traded was 18,371,774 at the BSE (Tuesday). …

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AMIF sells 10.81% stake in Gammon Infra

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