Y K Modi

Mr. YK Modi is the promoter and Director of YKM Holdings International Limited and is also Chairman and Managing Director of GEECL. He is the son of Rai Bahadur Gujarmal Modi was a renowned industrialist and philanthropist, who co-established the Modi Group of companies and the industrial city of Modinagar in 1933, along with his brother Kedar Nath Modi. A sugar mill in Modinagar marked the beginning of the Modi Group conglomerate, which later diversified into varied fields. Gujarmal Modi is also grand father of Lalit modi the founder of the Indian Premier League (IPL), who transformed the game of cricket and made IPL the hottest sports property in the world. In the course of his illustrious career, Mr Y.K. Modi has conceived, implemented and operated several large projects in industrial chemicals, cement, textiles, electronics and the auto components business.

Yogendra Kr Modi is a member of the Dean's Council at John F Kennedy School of Government, Harvard University, USA. He is a prominent industry spokesperson in India and has held office in many national level business bodies.

He is a past President of the Federation of Indian Chamber of Commerce and Industry (FICCI), a body responsible for business enterprise in India with over 1500 corporate members and 500 Chamber of Commerce and business associations. He held the post of its president in 2004.

Mr YK Modi was appointed to the board of the International Chamber of Commerce ( India ) (ICC India) in 1992. Prior to being appointed to the board, he was a member of its Executive Committee and Standing Advisory Committee.He pioneered YKM Holdings International Limited which is 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 and also Companys Ex- President & Chief Operating Officer; Later his son Prashant Modi became the COO & joint CFO of the company. He is involved in GEECL primarily on the operational and development side of the Company.The Company is a fully integrated gas production, development and exploration company in India (first of its kind in Asia), providing gas to the growing industrial region of West Bengal, where there is a structural shortage of gas. Gas is being produced (Coal-Bed Methane gas) from the Raniganj (South) licence area, which covers 210 sq. km, with 2.44 TCF of Gas-in-Place. The Company's second asset is the Mannargudi license situated in the state of Tamil Nadu in India, which covers an area of 667 sq. km and 0.98 TCF Gas-in-Place. In the six months to 30th September 2014, the Company increased its turnover by 21% to US$19.45m, EBITDA by 14% to US$12.97m and cash generation by 23% to US$10.77m.