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About YKM Holdings International Limited

We are an investment company holding investments on behalf of the YK Modi family, a leading Indian family with a range of mainly industrial assets.

Investments by the family include a substantial holding in Great Eastern Energy Corporation Limited (GEECL), an Indian based company that was listed on AIM on the London Stock Exchange in 2005. GEECL is involved in the exploration, development & production of Coal Bed Methane (CBM) gas in the Raniganj coalfields, West Bengal, India.

Yogendra Kumar Modi is Chairman & Managing Director of GEECL. Prashant Modi is the Company President & Chief Operating Officer; He is involved in GEECL primarily on the operational and development side of the Company.

Commenting, Prashant Modi, said:

“Natural resources are a key part of the future development of the Indian economy and within that coal bed methane is a key element. India has limited domestic natural oil and gas resources and so over recent years the economy has been forced to be dragged in imported resources. This has had a corresponding impact on the countries balance of payments and the cost of raw materials”.

Other investments held by the holding company include a range of emerging market investments through specialised financial instruments in order to maximise returns with the minimum risk.

The strategy behind this vehicle is to expand the entire value chain to cover upstream, midstream and down stream investments. It is on the constant look out for opportunities worldwide and Prashant Modi is leading this effort on its behalf.

Mr Yogendra Kr Modi is the promoter and Director of YKM Holdings International Limited , and is the Chairman and Managing Director of GEECL. He was previously President of the Federation of Indian Chamber of Commerce and Industry (FICCI) and is also the immediate Past President of the International Chamber of Commerce - India .

Prashant Modi is also a promoter and Director of YKM Holdings International along with being the President & Chief Operating Officer of GEECL .

 

Prasant, Prashant M

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