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
 
 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.