An unknown buyer acquired 2.15% stake in Gujarat NRE Coke Limited from Arun Kumar Family Trust and Girdharilal Arunkumar Family Trust.

Gujarat NRE Coke Limited is an India-based company, which is engaged in coal and coke, and steel/thermo mechanically treated (TMT) bars. The Company's segments include Coal & Coke and Steel. The Company has a capacity of approximately 1.458 million tons per annum (MTPA) metallurgical coke production. It has metallurgical coke plants located at Khambhalia, Gujarat with an installed capacity of approximately 0.358 MTPA; Bhachau, Gujarat with an installed capacity of approximately 0.311 MTPA, and Dharwad, Karnataka with an installed capacity of approximately 0.248 MTPA. The Company has set up wind power projects of installed capacity of approximately 87.5 Megawatts. The green energy from the wind turbines are used for captive consumption. In addition to the wind power project, the Company is focused on implementing power plants through waste heat recovery. The Company has export operations in Brazil, South East Asian Countries and the Middle East.