Tag «Gujarat NRE Coke Ltd.»

Gujarat NRE Coke Ltd allots shares to Banks

  Kolkata, 8th February 2016:  Gujarat NRE Coke Ltd (GNCL), on receipt of   requisite approvals,  has allotted 25,28,15,066 equity shares of Rs. 10/- each at Rs. 11.03 (including a premium of Rs. 1.03 per equity share) to State Bank of India, Tamilnad Mercantile Bank Limited and Syndicate Bank . These equity shares have been allotted …

Anti Dumping Duty Investigation on Import of Met Coke from China

Kolkata, January 8, 2016: Indian Metallurgical Coke Manufacturers’ Association (IMCOM) thanks the Government for initiation of anti-dumping duty investigation on import of met coke. The Directorate General of Anti-Dumping and Allied Duties, Department of Commerce, Ministry of Commerce and Industry, Government of India had by its order dated December 30, 2015 initiated the anti-dumping investigation …

Gujarat NRE Coke Ltd to sell its wind business

Kolkata, 5th October 2015:  Gujarat NRE Coke Ltd (GNCL) has received   approval from its shareholders for the sale of its 62 wind mills in Gujarat of a total wind power energy production capacity of 87.5 MW.  The Company has been successful in entering into agreements for sale of the entire wind mill business for an …

Lenders approve Gujarat NRE Coke Ltd’s CDR proposal

Kolkata, 25th March 2014: Gujarat NRE Coke Ltd (GNCL) has received the formal approval for the restructuring of the debts, from the Empowered Group of Corporate Debt Restructuring Cell (CDR). The salient features include: Debt restructured for 10 year door – to  – door, with two year moratorium and ballooning repayment Funding of interest for …