G N M R L
GNMRL, the fountain head of the Gujarat NRE group, is focused on Coal mining, Metcoke production and Oil & Gas exploration. We have moved with the times, setting our sails to catch the winds of change ripping through the economy so as to maximize returns. With liberalization and the opening up of the economy, accompanied by the gradual dropping of the barriers, foresight commanded that we club together the scattered resources so that economies of scale are attained and enjoyed.
GNMRL is well placed to take benefit of imminent boom staring at the energy spectrum. GNMRL is unique in itself which focus in coal mining, Metcoke productions as well as Oil and Gas exploration, the three prime resources which are in great demand.
A wealth creator in making
Gujarat NRE group has always believed in creating wealth and sharing it with the shareholders. In furtherance to this corporate culture, GNMRL, had declared three successive dividends - financial year 2007-08 to 2009-10".
GNMRL in quest for maximizing the shareholders benefit has declared issue of bonus shares in the ratio of 1:1 in the year 2009, as well as in the ratio of 1:2 in 2010, wherein the promoters of the company had forgone their bonus entitlement in both the years. This act of the promoters had made the non-promoter shareholders beneficiary in true sense. This only speaks volumes of the promoters’ continued commitment towards the minority shareholders and safeguarding their interests.
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