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Gujarat NRE Coke > Company History > Miscellaneous > Company History of Gujarat NRE Coke - BSE: 512579, NSE: GUJNRECOKE
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Gujarat NRE Coke
BSE: 512579|NSE: GUJNRECOKE|ISIN: INE110D01013|SECTOR: Miscellaneous
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Feb 10, 17:00
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VOLUME 1,095,329
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Feb 10, 17:00
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Company History - Gujarat NRE Coke
YEAR                       EVENTS
 1986 - The Company was incorporated on the 29th and was subsequently
        converted into a public limited company on 5th July, 1993. 
 The
        Company was involved in trading activity after incorporation.
        The main object of the company is to manufacture and sell Low
 Ash
        Metallurgical Coke.  However after taking up the project to
        manufacture Low Ash Metallurgical Coke with a capacity of one
 lac
        TPA, the company discontinued the trading activities.
 
 1996 - 15,06,100 No. of equity shares allotted to promoters and
        21,80,300 No. of equity shares allotted through public issue
 to
        NRIs, Employees and Indian Public.
 
 1997 - The operations of the Company was affected by large scale
 dumping
        of Chinese coke and other management problems.
 
      - 52,76,370 bonus equity shares issued in prop. 11:10.
 
 2002-Gujarat NRE Coke Ltd has informed BSE that the Board of
 Directors at its meeting held on August 06, 2002 has decided to issue
 equity shares aggregating to Rs.50 million on preferential basis and
 also an increase in the authorised capital of the company to
 accommodate such further issue subject to the consent of the
 members.
 
 2003
 -The company has joined hands with Suzion Energy to set up a 1.25 MVA
 windfarm in Gujarat.
 
 2004
 
 -Gujarat NRE Coke - Allotment of Shares under Scheme of Amalgamation
 
 -Gujarat NRE Coke joins hands with Kalyani Steels to set up 3.24 lakh
 MTPA Coke plant in Karnataka
 
 -The Gujarat NRE Coke Ltd (GNCL) has signed a technology transfer
 deal with SSIT, China, to equip its new plant at Dharwad in north
 Karnataka with stamp charged coke making machinery for additional
 400,000 tpa capacity
 
 2005
 
 -Gujarat NRE acquires 5 pc stake in Aussie firm
 
 -Gujarat NRE Coke opens Australian Mine NRE No 1 Colliery
 
 -Gujarat NRE Coke to set up its third plant at Dharwar
 
 -Gujarat NRE acquires steel e-commerce firm SteelRX
 
 -GNCL has been identified as one of the “India’s Fastest Growing
 Small Companies” published by Business Today in 2005. 
 2006
 
 -Gujarat NRE Coke - Acquisition of Strategic Coal Asset
 
 2007
 
 -Gujarat NRE Coke Ltd has announced that India NRE Minerals Ltd, the
 Australian subsidiary of the Company has lodged an IPO Prospectus to
 raise AU$ 15 million (with a right to accept oversubscriptions of a
 further AU$ 10 million) and seek listing on the Australian Securities
 Exchange.
 
 -Gujarat NRE signs pact with SAIL for setting up Cogeneration Power
 Plant
 
 -Gujarat NRE to acquire 2 New Coal Ships from Japanese Shipyard
 
 2008
 
 -Gujarat Nre Coke Ltd. has appointed Mr. Rajendra Prasad Jain as an
 Additional Director.
 
 -The Company has issued Bonus Shares in the Ratio of 2:5.
 
 -The 2008 integral Energy Illawara Business Awards 
 
 -Gujarat NRE to dilute 10% stake in Australian subsidiary
 
 2009
 
 -GNCL has been ranked 45th in the India's 500 Best Performing
 Mid-Size Companies published by 9.9 Media, June 2009
 
 -GNCL has been awarded ISO Certificate for QMS (Quality Management
 System) 9001:2000.
 
 -Gujarat NRE Coke to issue DVR Bonus Shares
 
 
Source : Dion Global Solutions Limited
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