Under CDR package
Gujarat NRE Coke announced that the Management Committee of the Company at its meeting held 30 June 2016, has considered and allotted 2,44,66,745 equity shares of Rs. 10/- each at Rs. 11.03 (including a premium of Rs. 1.03 per equity share) to IDBI Bank on preferential basis consequent upon the option exercised by the said Bank to convert its debt into equity shares of the Company under CDR package in accordance with the resolution passed by the members of the Company.Consequently, the paid-up capital of the Company has increased from Rs. 1632,56,99,100 to Rs. 1657,03,66,550 comprising of 160,45,48,645 Equity Shares of Rs. 10/- each and 5,24,88,010 "B" Equity Shares of Rs. 10/- each.
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