Welcome to INSA Coal Holdings
INSA Coal Holdings (Pty) Ltd. was duly incorporated in September 2009 under the laws of South Africa. The company was formed when the Action group from India and the JSE Listed Sephaku holdings joined hands with equal stake in the company, to achieve their common goal of making a strong footprint in the South African Coal Industry. After Sephaku’s unbundling, its subsidiary Incubex Minerals (Pty) Ltd became the other 50% shareholder of INSA Coal Holdings.

Action Group:
The Action Group is one of India’s leading diversified Industrial Houses involved with shoe manufacturing, electronics, chemicals, steel & power, real estate projects, infrastructure projects and many more. Through its subsidiary Action Infra Projects, Action has invested in SA with a 50% shareholding in INSA Coal Holdings

Incubex Group:
INCUBEX is a South African-registered company, which was incorporated to acquire, explore, and develop mineral projects in the SADC region. The principal mineral focus of INCUBEX is presently coal, however other minerals are not excluded and existing opportunities include tin, PGE, vanadium, and iron ore. The business model of INCUBEX will be to “incubate” a series of mineral exploration and development companies. The plan is that each of these companies will focus on a particular mineral. Incubex has 50% shareholding of INSA Coal Holdings.

DIRECTORS AND MANAGEMENT

NandAggarwal (62), B.Sc. (Eng) - Director

Mr. N. K. Aggarwal is a Mechanical Engineering by qualification. He is the founder, owner and currently the Chairman of the Action Group. In the year 1970 he started with his first venture into manufacturing of footwear and since then there has been no looking back. Today under his leadership the group has diversified into many other sectors in a big way. Sectors like real estate, chemicals, and electronics are a few of the sectors where Action is one of the largest names. Because of his efforts, the group also successfully expanded into sectors like steel, power, hospitality, hospitals and building materials. His work has even been commended by the government for his distinguished contribution to the industrial development, for which the National Award was conferred to him by Honorable President of India, Mr. GianiZail Singh on 7th of October 1986.