According to the norms announced in July 2009, commodity exchanges operatonal for five years should have minimum networth of Rs 100 crore and minimum paid-up equity capital of Rs 50 crore. At that time, NCDEX had net worth of Rs 69 crore and paid-up equity of Rs 30 crore.
The exchange is meeting the Rs 100 crore networth norm as it raised equity capital through rights issue last fiscal.
Published 08 October 2010, 15:03 IST