Dhenu Buildcon Infra Ltd

Dhenu Buildcon Infra Ltd

The Hingir- Rampur Coal Company Limited (THRCCL) was incorporated in the State of Maharashtra on August 21 1909 under the Registrar of Joint Stock Companies Bombay and it started its activities as coal mining business during the same year. The company has been presently promoted by Killick Nixon Limited. The company has its mines located in Bihar. Some of the major clients of the company included Indian Railways National Coal Company Limited Hira Cement Karamchand Thapar and Bros etc. The registered office of the company is situated at Mumbai.The company came out with the Public Issue in the year 1958 and got its equity shares listed on Bombay Stock Exchange Limited (BSE).During the year 1973 the Government of India took over the coal mines from the company and paid compensation of about Rs. 25.00 lacs to the company. Subsequent to the taking of the possessions of the coal mines by the government the company registered itself with RBI as an NBFC and started the activities of leasing business during 1986. The compensation that was received from the Government was utilized towards the acquisition of vehicles/ machineries for the leasing business. The company had very few clients and major revenue was generated from a client M.s. Killick Caribonium Limited. During the year 2006 the Reserve Bank of India (RBI) introduced a minimum paid up capital limit of Rs. 25. 00 lacs for Non- Banking Financial Services (NBFCs). Consequent to the introduction of this provision by RBI the company discontinued its business of leasing.Presently since the year 2008 the company is into the business of derivatives trading.