Gujarat NRE Coke is in discussion with major secured lenders and has initiated the process of Corporate Debt Restructuring (CDR) as prescribed under the Reserve Bank of India (RBI) Guidelines (as amended from time to time) by way of a reference to CDR Cell for realigning company’s debts.
Gujarat NRE Coke is the only Indian company with coking coal mines in Australia having over 650 million tonnes of Coking Coal resources with excellent coking properties. The coal mines are owned through its subsidiary- Gujarat NRE Coking Coal, listed on the ASX.
