GAMMON INDIA LIMITED

DIVIDEND
The Company generally declares and pays dividends in the fiscal year following the year to which they
relate.
Equity Shares
The Company has paid dividends on its Equity Shares in each of the last three years. The following are
details of the dividends paid by the Company on its Equity Shares in the last three years:
Fiscal year Total dividend per Equity
Total dividend
Share of Rs. 2 each (Rs.)
(Rs. in million) (1)
2007 0.50 43.7
2008 0.50 43.4
2009 (2) (1) Excluding dividend tax where applicable
0.60 65.0
(2) The distribution of dividend on the Equity Shares for the fiscal 2009 was made on October 23, 2009.
Preference Shares
The following are details of the dividends paid by the Company on its Preference Shares in the last three
years:
Fiscal year Total dividend per Preference
Total dividend
Share of Rs. 350 each (Rs.)
(Rs. in million) (1)
2009 (2) (1) Excluding dividend tax where applicable
21.00 63.0
(2) The distribution of dividend on the preference shares for the fiscal 2009 was made on October 23, 2009.
The Company does not have a formal dividend policy. Dividend amounts are determined each fiscal year in
accordance with the Board‘s assessment of the Company‘s earnings, cash flow, financial conditions and
other factors prevailing at the time. The amounts paid as dividends in the past are not necessarily indicative
of the Company‘s dividend policy or dividend amounts, if any, in the future.
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