GAMMON INDIA LIMITED

Our ability to bid for and win major engineering, construction and infrastructure development projects is also
dependent on our ability to show experience in executing large projects, demonstrate that we have strong
engineering capabilities in executing technically complex projects, and that we have sufficient financial resources
and/or ability to access funds. Some of our competitors are larger than us and have greater financial resources. They
may also benefit from greater economies of scale and operating efficiencies.
Offices
The registered office of our Company is located at Gammon House, Veer Savarkar Marg, Prabhadevi, Mumbai 400
025, India. In addition, we also have offices in Delhi, Kolkata and Bangalore.
Insurance
We maintain insurance policies for all of our projects, which we believe are sufficient to cover all material risks to
our operations and revenue.
Our operations are subject to hazards inherent in providing EPC and construction services, such as risk of equipment
failure, work accidents, fire, earthquake, flood and other force majeure events. This includes hazards that may cause
injury and loss of life, damage and destruction of property, equipment and environmental damage. For further
details, see ―Risk Factors -Our project sites may face inclement weather and natural disasters that may cause
significant interruption of operations.‖
Our insurance policies include group personal accident insurance, public liability insurance, contractors all risk,
standard fire and special perils insurance, electronic equipment insurance, special contingency liability insurance
burglary insurance and cash insurance.
Intellectual Property
We have registered our marks ―Gammon name‖ and ―Gammon logo‖ under the Trade Marks Act, 1999. We seek to
protect our intellectual property rights to the fullest extent practicable. We believe that we are not dependent on any
of our intellectual property rights individually, although collectively, they are of material significance to our
business.
Our Company has entered into a Trademark License Agreement (―TLA‖) with GIPL on March 20, 2006. Under the
TLA, we have granted to GIPL an irrevocable right to use the licensed trademarks and to utilize and exercise all the
rights in and over these trademarks and as are connected to the licensed trademarks. The trademarks that GIPL has
been licensed to use are the unregistered trademarks ―Gammon‖ and the ―Gammon logo‖. A non-exclusive license
to use these trademarks has been granted. Under the TLA, GIPL is not permitted to assign, sub-license, transfer,
convey or pledge in whole or part, without the prior written consent of GIL. Further, the TLA can be assigned by us
at any time. The TLA provides for, as consideration for the license, annual payment of Rs.100.00 to us. The TLA
was valid for a period of one year. GIPL has extended the TLA for a further period of five years, i.e., until March
19, 2012, on the same terms and conditions.
In addition, FTM owns certain trademarks in relation to its business. It is also involved in a litigation relating to use
of its name ‗Franco Tosi‘. For details, see ―Legal Proceedings - Proceedings initiated outside India.‖
Human Resources
As of September 30, 2009, our Company had 3,976 full-time employees. In addition, our Company also had 9,250
contracted employees for our various projects. We also outsourced technical experts for maintenance of the projects.
We believe that we have good relations with our employees. We have not encountered any material unrest or work
stoppage due to employee problems in the last 10 years.
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