About YKM Holdings International Limited

An investment company with stakes in a large number of industrial assets, the YK Modi enterprise is a family run corporation. The organisation has extensive holdings in Great Eastern Energy Corporation Limited (GEECL), an organisation that delved into the exploration, development and production of Coal Bed Methane (CBM) gas and was named on the AIM in the London Stock Exchange in 2005.

Yogendra Kumar Modi is the Chairman and Managing Director of GEECL, whereas Prashant Modi is involved in the operational and development aspect as Company President & Chief Operating Officer.

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 downstream investments. It is on the constant lookout for opportunities worldwide and Prashant Modi is leading this effort on its behalf.

Mr Yogendra Kumar 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.