NCDEX plans preferential issue by Oct

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.

DH Newsletter Privacy Policy Get top news in your inbox daily
Comments (+)