Annual Report 2004 - Gammon India
Annual Report 2004 - Gammon India
Annual Report 2004 - Gammon India
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GAMMON INDIA LIMITED<br />
32. The Company has pledged the following shares in favour of the lenders to the projects as part of the terms of financial closure of the<br />
respective companies :<br />
i. Rajahmundry Expressway Limited – 6,732,000 (Previous Year – 6,732,000) Equity shares of Rs 10/- each.<br />
ii. Andhra Expressway Limited – 6,528,000 (Previous Year – 6,528,000) Equity shares of Rs 10/- each.<br />
iii. Cochin Bridge Infrastructure Company Limited – 3,264,056 (Previous Year – 3,264,056) Equity shares of Rs 10/- each.<br />
33. The Company is engaged in only one reportable segment viz., “Construction and Engineering” and therefore Accounting Standard AS-17<br />
on segment reporting is not applicable to the Company.<br />
34. Previous year’s figures are regrouped and rearranged with those of the current year to make them comparable.<br />
As per our attached report of even date.<br />
For NATVARLAL VEPARI & CO.<br />
Chartered Accountants<br />
N. JAYENDRAN<br />
Partner<br />
M. No. 40441<br />
Mumbai, Dated: 25 th March, 2005.<br />
60<br />
For and on behalf of the Board of Directors<br />
ABHIJIT RAJAN C. C. DAYAL<br />
Chairman & Managing Director Director<br />
S. K. GUHA THAKURTA HIMANSHU PARIKH<br />
Director Director<br />
RAJUL A. BHANSALI P. S. GUPCHUP<br />
Executive Director Company Secretary<br />
Mumbai, Dated: 25 th March, 2005.
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