NOTES :
1. The above quarterly results have been reveiwed by the Audit Committee in its meeting held on 14.10.07 and approved by the Board of Directors in its meeting held on 14.10.07. The above result has also been reviewed by the Auditors.
2. In terms of amended clause 41 of the Listing agreement, details of Investors complaints for the quarter ended 30th September,2007 are as under :-
| at the beginning of the quarter |
nil |
| received during the quarter |
16 |
| disposed off during the quarter |
16 |
| pending at the end of the quarter |
nil |
3. Out of the proceeds of zero coupon FCCBs of Rs 267.96 Crores issued in April 2006, Rs. 3.56 crores have remained unutilised till the end of September 2007.
4a. During the quarter, 1092 bonds out of balance 2058 bonds of USD 55 million 1% Foreign Currency Convertible Bonds (FCCB) of value Rs. 119.11 crores were converted into 2,48,27,990 equity share capital and 30 bonds out of 600 bonds of USD 60 million Zero Coupon Foreign Currency Convertible Bonds of value Rs. 13.40 crores were converted into 21,43,680 equity share capital.
4b. Till date, 1756 bonds out of 2200 bonds of USD 55 million 1% Foreign Currency Convertible Bonds (FCCB) of value Rs. 191.54 crores were converted into 3,99,24,865 equity share capital and 207 bonds out of 600 bonds of USD 60 million Zero Coupon Foreign Currency Convertible Bonds of value Rs. 92.45 crores were converted into 1,47,91,392 equity share capital.
5. There was no extra ordinary item during the Quarter / Half year ended 30th September 2007.
6. Previous period figures have been regrouped / rearranged wherever considered necessary.
Place : Ahmedabad
Date : 14th October 2007 |
By Order of the Board
For Gujarat NRE Coke Limited
sd/-
A K Jagatramka
Vice Chairman & Mg. Director |
|