The board meeting of Gujarat NRE Coke will be held on 13 May 2012 to consider the issue of 6,00,00,000 convertible warrants to promoters/ promoter group entities on private placement/ preferential basis and to consider the issue of securities including foreign currency convertible bonds (FCCB) in one or more tranches, for an amount not exceeding USD 100 million or INR 500 crores whichever is higher.