News for Gammon Infrastructure Projects Limited (GAMMNINFRA.BO)

The Mumbai bench of the National Company Law Tribunal (NCLT) gave its nod after the lenders approved the revival plan with 100% voting in its favour. The resolution professional had received claims of more than Rs 985 crore in the case, while the successful resolution plan proposed a total consideration of Rs 452 crore for the company.

Nifty futures were trading 63 points or 0.40 per cent down at 15,825.50 on Singaporean Exchange, suggesting a negative start for BSE Sensex and Nifty 50 on weekly F&O expiry day

Trends on SGX Nifty indicate a negative opening for the index in India with a 52 points loss.