|
FAQ
| 1. |
What
is the size of the Gujarat NRE group? How big is Gujarat NRE ? |
| Ans: |
Gujarat NRE Coke is a company with a net worth as on 31.03.2011 of Rs.1538 crores and a turnover in excess of Rs.1594 crores. The market Capitalisation at BSE as on 31.3.2011 was approx Rs. 2,677 crores.
top
|
| 2. |
What
is the promoter's holding in the company? |
| Ans: |
The promoters hold 47.50 % of the equity as on 31.03.2011.
top
|
| 3. |
What is the holding of FII, Mutual Funds & Financial Institutions/Banks in the company as on 31.03.2011 ? |
| Ans: |
Foreign Financial Institutions have long identified the company as a mid-cap with a very bright prospect on the upside and have invested accordingly. As on 31.03.2011 , the FII investment in the company is for 14,38,11,962 shares which translates to 28.34 % of the equity and they also hold 73,22,543 "B" Equity Shares representing 14.43% of B Equity. Mutual Funds & Financial Institutions/Banks hold 24,47,089 shares comprising 0.48% of the equity and they also hold 1,53,465 B Equity Shares representing 0.30% of B Equity.
top
|
| 4. |
What is the holding of individuals in the company as on 31.03.2011 ? |
| Ans: |
Individuals hold 9,04,17,157 shares as on 31. 03.2011 which translates to 17.82 % of the equity and 1,23,82,798 B Equity Shares which translates to 24.40% of B Equity signifying the confidence enjoyed by the Company from individual investor.
top
|
| 5. |
What is the composition of the Company's Board of Directors? |
| Ans: |
The company is managed by a professional board of directors under the leadership of Mr Arun Kumar Jagatramka, Chairman and Managing Director. The other members of the board are:
Ms Mona Jagatramka, Director
Mr Subodh Kumar Agrawal, Director
Mr Chinubhai R Shah, Director
Dr Basudeb Sen, Director
Dr Mahendra Kumar Loyalka, Director
Mr S Murari, Director |
| 6. |
Where
are the company's plants and mines located? |
| Ans: |
Gujarat NRE Coke's operations are spread
over :
|
In
India
| Low-ash metallurgical coke (LAMC) – Met Coke plants : |
|
| Khambhalia,
Gujarat |
0.358
MTPA |
| Bhachau,
Gujarat |
0.324 MTPA |
Bhachau,
Gujarat, (Leased) |
0.180 MTPA |
| Dharwad,
Karnataka (BNCL) |
0.248 MTPA |
| Dharwad, Karnataka (leased) |
0.324 MTPA |
Total installed capacity |
1.43 MTPA |
| Coal
Washery : |
| Khambhalia,
Gujarat |
0.750
MTPA |
| Bhachau,
Gujarat |
0.750 MTPA |
| Dharwad,
Karnataka |
0.900 MTPA |
Total
Installed Capacity |
2.4
MMTPA |
| Steel
Plant : |
| Bhachau,
Gujarat |
0.311
MMTPA |
Total
Installed Capacity |
0.311
MMTPA |
| Power
Project : |
| Wind
Mill |
87.5
MW |
| Waste Heat (Under Commissioning) |
60 MW |
|
In
Australia (through subsidiaries)
| Hard Coking Coal Mines in NSW, Australia: |
NRE No 1 Colliery, NSW
|
315 MT |
| NRE Wongawilli Colliery, NSW |
337 MT |
top |
| 7. |
When was the last dividend paid? |
| Ans: |
The last dividend @10% both on Equity Shares and B Equity Shares was paid by the Company in September, 2010.
|
| 8. |
When was last bonus issue made by the Company and what was the ratio ? |
| Ans: |
The last bonus issue was made by the Company during May, 2010 in the ratio of one B Equity Share as bonus share for every 10 equity shares held. |
| 9. |
How do I receive credit of dividends in my bank account? |
| Ans: |
You are requested to have your bank details (provided your bank is ecs participant) updated with your Depository Participant so that the data gets updated in the records of Depositories and your dividend gets directly credited in your bank account.
top |
| 10. |
I have still not received the Annual Report for 2009/10 ? |
| Ans: |
We had already sent the Annual Report for 2009 - 10 to all our shareholders. You can also get the Annual Report from our website site or by clicking the following link http://www.gujaratnre.com/annual.html.We would request you to please have your address updated with your Depository Participant in case there is any recent change in your address.
|
| 11. |
Are Gujarat NRE Minerals Limited (which is listed in ASX) and Gujarat NRE Mineral Resources Limited different companies? I am little bit confused. |
| Ans: |
Gujarat NRE Mineral Ltd is an Australian Company listed in Australian Stock Exchange and Gujarat NRE Mineral Resources Ltd is an unlisted Indian Company.
top |
| 12. |
What are the lastest developments in GNCL and GNMRL? |
| Ans: |
|
| 13. |
Repeated questions by shareholders on different dates & issues? |
| Ans: |
Please appreciate that we have more than 2 lac shareholders and can’t respond to multiple emails from a single shareholder. It would be appreciated if you send us a single email with your consolidated queries, since most of the information is part of public domain available through various notices and announcements made by the company.
top
|
| 14. |
|
| Ans: |
Please note that the bonus issue of 1 "B" Equity Share comprises of issue of equity shares with differential voting rights (lower voting rights to be specific). Apart from differential voting rights (i.e. 100 "B" Equity Shares would carry 1 voting right instead of 1 Equity Share carrying one voting right) all other rights of "B" Equity Shares are similar to the Equity Shares of the Company i.e. they would carry the same dividend rights etc. These shares were duly credited during the last week of May 2010 to those shareholders who were entitled to receive these bonus shares.
top
|
|