NCDEX entering into Equity and Equity Derivative Segment
The Board of Directors of the Exchange, at its meeting held on January 20, 2025 had accorded In- principle approval for entry of the Exchange into Equity and Equity Derivatives segments. Thereafter,
the Exchange had appointed Bright Beacon LLP, to conduct Feasibility Study, and suggest Business Plan and Implementation Plan for the launch of equity and equity derivatives segment.
Based on the report as provided by Bright Beacon LLP, in consultation with the Management of the Exchange, and on the basis of expression of interest from several potential investors for infusion of capital, the Board, at its meeting held on February 12, 2025, has approved the launch of Equity and Equity Derivatives segment, subject to necessary approvals of the Shareholders, necessary amendments/ alterations in Memorandum of Association of the Exchange (‘MoA’) and such other
approvals from the regulatory authorities as may be applicable.
The Board of Directors is of the view that the proposed launch of Equity and Equity Derivatives segment shall be beneficial and in the interest of the Exchange and its stakeholders and shall result in increase in revenue and profitability of the Exchange.
