Gujarat NRE Coke (BOM:512579)

QUOTE AND NEWS
The Hindu Business Line  Jul 10  Comment 
Arun Kumar Jagatramka, Chairman and Managing director, Gujarat NRE Coke Ltd. “The Finance Minister has very well addressed the issue of coal linkages for power plants and the need...
The Hindu Business Line  Jun 12  Comment 
Wollongong Coal Ltd, a subsidiary of Jindal Steel and Power, and its subsidiary Wongawilli Coal Pty Ltd have terminated their coal purchase agreements with Gujarat NRE Coke due to non...
The Hindu Business Line  Apr 24  Comment 
Navin Jindal-controlled JSPL is investing A$45 m for 45% stake in Wollongong Coal
The Hindu Business Line  Apr 21  Comment 
The board of directors of Gujarat NRE Coke will meet on Wednesday to consider issuance of equity shares of the company to ICICI Bank Ltd under private placement basis. The move was in accord...
The Hindu Business Line  Mar 25  Comment 
Gujarat NRE Coke Ltd said on Tuesday that it received the formal approval for the restructuring of its debt from the Empowered Group of Corporate Debt Restructuring Cell (CDR). The 10-ye...
The Hindu Business Line  Oct 18  Comment 
Jindal Steel & Power Ltd (JSPL) is set to take management control of Gujarat NRE Coking Coal Ltd (GNCCL) but there will be no change as of now to the supply of coking coal from the latter’s tw...
The Economic Times  Sep 30  Comment 
Gujarat NRE Coke Ltd slipped as much as 5.09 per cent in morning trade on Monday, after its Australian investment quoted trouble with auditor Grant Thornton.
The Hindu Business Line  May 27  Comment 
Met coke producer Gujarat NRE Coke Ltd on Monday said it had registered a net profit of Rs 5.15 crore for the fourth quarter ended March 31, 2013, as against a loss of Rs 45.51 crore in the corres...
The Economic Times  May 3  Comment 
Gujarat NRE Coke Ltd, the flagship company of Gujarat NRE group, today said its board has approved investments of Rs 2,050 crore.
The Hindu Business Line  Apr 30  Comment 
Gujarat NRE Coke Ltd has informed the BSE that its board approved on Monday issue of “securities (including FCCBs) for an amount not exceeding $100 million or Rs 550 crore, whichever is higher”.




 
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GUJARAT NRE COKE LIMITED

Gujarat NRE Coke is the largest independent producer of Met Coke in India and is the only Indian company with coking coal mines in Australia having more than 500 million tons of Metallurgical Coal with excellent coking properties. The company is set to emerge as one of the largest coking coal producers in Australia over the next few years.

The coal mines are owned through its subsidiaries – Gujarat NRE Minerals Limited (ASX:GNM). Besides ownership of these coal mines, the company has done cornerstone investments in resource prospecting companies that are scouting for coal, gold, iron-ore and various other base metals. The company has 27.5 MW wind power energy and has also set up mini steel mill in Gujarat to recycle steel scraps using green wind energy to manufacture TMT Bars.

The Group has eminent independent professional directors and is headed by Mr Arun Kumar Jagatramka, a qualified chartered accountant. From a single product entity, dependent on the vagaries of commodity cycles, the company is now in the process of reinventing itself as a global resource entity with core focus on coking coal.

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