Investments
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Bharatiya Beej Sahakari Samiti Limited (BBSSL)
Bharatiya Beej Sahakari Samiti Limited (BBSSL) BBSSL, a multi-state cooperative society, was formed to enhance the seed sector, with major national organizations like KRIBHCO, IFFCO, NAFED, NCDC, and NDDB as promoters. BBSSL was officially registered on 25 January 2023 under the MSCS Act, 2002. It was established by the Ministry of Cooperation. KRIBHCO, as the chief promoter, initiated operations from its Noida office, securing necessary licenses and establishing governance. The Ministry of Agriculture has included BBSSL as a Central Nodal Seed Agency for Pulses & Oil seeds under the National Food Security Mission .
National Cooperative Exports Limited (NCEL)
National Cooperative Exports Limited (NCEL): To promote and manage entire supply chain of Agri product exports by involving grass root cooperatives, KRIBHCO along with other four leading cooperatives/institutions have promoted National Cooperative Exports Limited with active support of Ministry of Cooperation- Government of India. NCEL follows the Cooperative Principles enshrined in MSCS Act, 2002 and functions for the social and economic betterment of its members through export promotion. The national level society acts as an apex body to promote export of Agri Products and helps in arranging financial assistance to farmers through its member entities. .
Gujarat State Energy Generation Limited (GSEG)
KRIBHCO has invested in Gujarat State Energy Generation Limited (GSEG). It is a joint venture between Gujarat State Petroleum Corporation Ltd. (GSPC), KRIBHCO, GAIL (India) Ltd and other Government of Gujarat Companies. In addition, SBI and IFCI are strategic partners.
GSEG is operating a 156 MW Combined Cycle Power Plant based on Natural Gas at Mora, District Surat, Gujarat.
Nagarjuna Oil Refinery Ltd (NORL)
The Society holds an equity investment of 476.19 Lakh, which is 2.34% of NORL’s paid up share capital. The equity shares of the company are listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company holds 46.78% of paid up equity capital in Nagarjuna Oil Corporation Ltd. (NOCL).
Nagarjuna Fertilizers and Chemicals Ltd (NFCL)
The Society holds equity capital of 523.81 Lakh in NFCL which is 1.84% of paid up share capital of NFCL. During the Financial Year 2018-19, NFCL produced 5.84 Lakh MT of Urea and sold 6.37 Lakh MT of Urea. Total Urea sales during the year for both manufactured and imported urea was 8.85 Lakh MT
Indian Commodity Exchange (ICEX)
The Society holds 2.51% equity (Rs. 8.40 Crore)in the Indian Commodity Exchange (ICEX). ICEX was incorporated as a wholly owned subsidiary of Indiabulls Housing Finance Limited on August 18,2008. Indian Commodity Exchange Limited (ICEX) is a SEBI regulated online Commodity Derivative Exchange, headquartered at Mumbai. The exchange provides nationwide trading platform through its appointed brokers.
The exchange has launched its world’s first ever Diamond derivative contracts. ICEX aims to provide futures trading products in India’s all economically relevant commodity. At present it offers futures contract in Diamond. Providing desired price risk hedging solution to the trade through innovative contract designing forms core value of ICEX.
