About Amba River Coke Limited

 

Amba River Coke Limited (ARCL) was incorporated under the Companies Act, 1956 on 25th September, 1997 in the name as Geetapuram Coke Company Limited. The name of the Company was changed to Amba River Coke Limited on 5th November, 2007.  The Company is having its registered office at JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. The Company is a wholly owned subsidiary of JSW Steel Ltd. (JSWSL)

 

The main business of the Company is coke and steel pellet manufacturing. The Company operates two backward integration units, a 1 Metric Tonnes per Annum (MTPA) Coke Oven plant and 4 MTPA Pellet plant at the Dolvi complex of JSWSL. The Dolvi steel plant of JSWSL is a shoredbased integrated plant with a crude steel manufacturing capacity of 5 MTPA. The commercial production of the coke and pellet plant of the Company commenced in financial year 2014-15. These facilities have stabilized and are well-integrated with the facilities of the Dolvi Steel plant ensuring continuous, high quality and cost-effective supply of key raw materials to JSWSL under a long term Take or Pay Agreement.

 

Board of Directors 

 

Ms Nayantara Palchoudhuri, Independent Director

Mr Ashok Kumar Aggarwal, Director

Mr Prem Pushkar Varma, Whole-time Director 

Mr Hemendra Sharma

 

 

 

Ms. Nayantara Palchoudhuri

 

Ms. Nayantara Palchouduri holds Bachelor of Arts degree with Honours in Political Science and was awarded University Gold Medal and the National Scholarship. She has also done M.A. in Development Studies from the School of Oriental and African Studies (University of London) and M. Phil (Research Degree) from the London School of Economics & Political Science where she was awarded the Metcalfe Scholarship. She has more than 22 years of experience in operations and management of tea estates in North Bengal. She is presently serving as the honorary Counsel for Norway in Eastern Region. She is also the Chairperson of the North Bengal Branch and Council member of the Tea Research Association and President of the Indo British Scholars Association. She is also associated with several social Associations.

 

Mr. Ashok Kumar Aggarwal

 

Mr Ashok Kumar Aggarwal is a graduate in Electronics and Communication Engineering from Regional Engineering College (now National Institute of Technology), Kurukshetra.  He has a vast and rich experience of about 34 years in designing of drive system for industrial plants (at BHEL, Bangalore), commissioning of drive & automation system for Steel plants (at BHEL, Bokaro SAIL site), installation & operation of Hot Strip Mill (at ESSAR, Hazira), Operation & Maintenance of Hot & Cold Rolling Mills and Logistics & Production Planning. He has led the team for installation of largest and most modern Hot Strip Mill in India, revamp of Hot Strip Mill – 1 to increase capacity from 2.0 MTPA to 3.2 MTPA.

 

Mr. Prem Pushkar Varma

 

Mr Prem Pushkar Varma holds a Bachelor of Technology degree in Mechanical Engineering from IIT BHU.  He possesses rich experience spanning over 30 years in the steel industry. He has served public as well as private sector organizations in the steel sector.  He has vast practical, technical and administrative experience in operation and maintenance of all major units such as Coke Ovens, Blast furnace, Hot Strip Mill, Caster, Sinter, Pellet, RMHS etc.

He has been associated with the Dolvi Unit of JSW Steel Ltd. for about 14 years and played a vital role in establishing the pellet plant and sinter plant and capacity enhancement of Blast Furnace. Prior to this he was associated with SAIL, Bokaro Steel Plant.

 

Mr. Hemendra Sharma 

 

Mr. Hemendra Sharma is an MBA in Finance from the Institute of Chartered Financial Analyst of India (ICFAI) and a Chartered Financial Analyst from ICFAI. He is also a Cost & Management Accountant from ICMA. He has also done Advanced Diploma in Management from ICFAI and M.A and M.Phil in Economics. He has over 30 years of work experience in the Finance domain. Presently he is working as Head (Finance & Accounts) of JSW Steel Limited, Dolvi unit. Prior to joining JSW, he worked with Vedanta Group, a global diversified natural resources company, with operations across zinc-lead-silver, oil & gas, iron ore, copper, aluminum, and commercial power. He has extensive experience in Strategy, Stewardship, Business Partnering, and Building high-performance teams. He has core experience in corporate accounting & finance, M&A, projects, Treasury, fundraising, investment, Investor Relations, Budgeting, Planning and Performance Management, tax planning, Central Sales, Shared Services, Governance, and Controls.

 
 

Debenture Details

ParticularsISINNo. of DebenturesNominal ValuePaid-up valueTrustee
8.75% Secured Redeemable Non-Convertible DebenturesINE503N070231,800180,00,00,000180,00,00,000SBICAP Trustee Company Limited
Apeejay House, 6th Floor,
3 Dinshaw Wachha Road,
Churchgate, Mumbai 400020
Tel : 022-43025555
Fax : 022-22040465
email : corporate@sbicaptrustee.com
website : www.sbicaptrustee.com

 

Credit rating by CARE

Facilities/InstrumentsRating
Long term Bank FacilitiesCARE AA; Stable
(Double A; Outlook: Stable)
Short term Bank FacilitiesCARE A1+ (A One Plus)
Non- Convertible DebenturesCARE AA; Stable
(Double A; Outlook: Stable)
Statutory Information
Annual Report FY 2019-20Download
Financial Results for the half-year ended 30.09.2020Download
Financial Results for the half-year ended 31.03.2020Download
ARCL Annual Report FY 2018-19Download
Financial results for the half year ended 30.09.2019Download
Financial results for the half year ended 31.03.2019Download
Annual Report 2017-18Download
Financial Results for half year ended 30th September, 2018Download
Annual Report 2016-17Download
Financial Results for half year and year ended 31st March, 2018Download

 

 

Contact Information

Mr Rajeev Kumar Jain

Company Secretary

rajeev.jain@jsw.in

Tel : 022-42865114