Investment25 Sept 2025, 01:04 pm
Monarch Networth Capital Invests INR 10 Crores in NCDEX via Share Subscription Agreement
AI Summary
Monarch Networth Capital Ltd. has entered into a Share Subscription Agreement (SSA) with National Commodity & Derivatives Exchange Limited (NCDEX) to invest INR 10,00,00,072. This investment will represent approximately 0.56% of the post-issue paid-up share capital of NCDEX. The acquisition aligns with Monarch's strategic goal of strengthening its presence in the financial services and securities market ecosystem.
Key Highlights
- Monarch Networth Capital to invest INR 10,00,00,072 in NCDEX
- Investment represents approximately 0.56% of NCDEX's post-issue paid-up share capital
- The acquisition aligns with Monarch's strategic goal of strengthening its presence in the financial services and securities market ecosystem
- NCDEX is a recognized commodity Exchange with a diverse product offering
- NCDEX has a history of increasing turnover over the last 3 years