Hemang Resources Ltd, originally established as BCC Housing Finance and Leasing Company Limited in 1993, has undergone several name changes and strategic shifts. Initially a non-banking financial institution, the company transitioned out of this sector in 2006, following the cancellation of its registration by the Reserve Bank of India. Currently, Hemang Resources Ltd is engaged in the coal trading business in India, operating through its Coal Trading and Infrastructure Divisions. The company focuses on trading both imported and indigenous coal, serving various industries across the country. Additionally, Hemang Resources has procured significant land holdings, indicating a strategic interest in the real estate sector. This diversified approach reflects the company's evolution from its financial origins to a broader focus on resource trading and infrastructure.
