SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gujarat NRE Coke plans to merge unlisted group entity with itself

29 Sep 2012 Evaluate

Gujarat NRE Coke (GNCL) is planning to merge its unlisted group entity - Bharat NRE Coke (BNCL) with itself. Bharat NRE owns a met coke producing facility at Dharwad in Karnataka with an installed capacity of 0.32 million tonnes (mt) a year. This merger will increase the met coke production capacity by 34.8%, which is at 0.930 mt a year, at present.

As per the proposed scheme of amalgamation, BNCL shareholders will receive two shares of GNCL for every share held by them in BNCL. This will result in increase of paid-up capital of GNCL by approximately 8.8%.

Peers
Company Name CMP
Petronet LNG 277.65
Bharat Coking Coal 35.86
Linde India 7270.00
Refex Industries 261.25
IRM Energy 253.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×