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GAMMON INDIA LIMITED

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B) Related Parties transactions during the year in normal course of business :<br />

Nature of Transactions / relationship / major parties 2008-2009 2007-2008<br />

(Rupees In Millions)<br />

2006-2007<br />

Associates<br />

Amounts Amounts from<br />

Major Parties<br />

Amounts Amounts from<br />

Major Parties<br />

Subcontracting Expenditure (Operating And Maintenance Income/(Expenses) - 150.24 492.50<br />

ATSL 150.20<br />

Amounts Amounts from<br />

Major Parties<br />

FPCC Ltd - 492.50<br />

Purchase of Goods 13.80<br />

FPCC Ltd 13.80<br />

Sale of Goods 81.50<br />

FPCC Ltd 81.50<br />

Rendering of Services 8.60<br />

Associated Transrail Structures Ltd. 8.00<br />

Receiving of Services 2.60<br />

Gammon Infotech 2.60<br />

Purchase of Investments/Advances towards Equity/Allotment of Shares 20.80<br />

Associated Transrail Structures Ltd. 20.80<br />

Refund received against contract advance 384.80<br />

FPCC Ltd 384.80<br />

Finance provided (incl. Loans and equity contribution in cash or in kind) 32.00 955.20 584.20<br />

Finest SpA 32.00 -<br />

FPCC Ltd 75.00<br />

Associated Transrail Structures Ltd. - 955.00 509.20<br />

Finance provided for expenses & on a/c payments - 1.70 2.70<br />

FPCC Ltd 0.30<br />

F<br />

59

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