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NCDEX plans preferential issue by Oct

Last Updated 08 October 2010, 15:03 IST

 
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.

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(Published 08 October 2010, 15:03 IST)

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