The NSEL-National Spot Exchange today announced the whole list of buyers along with the stocks held by them.
The exchange responded after a huge panic in the market since the exchange suspended trading on July 31. As per the the National Spot Exchange., on whole there are 21 buyers in the list with an outstanding liability of Rs 5,580 crore, against which stocks tendered by them in exchange warehouses are worth Rs 6,063 crore.
The Forward Markets Commission (FMC), a regulatory authority for commodity futures market, has asked the NSEL the full list of its buyers and sellers as FMC came to know that the money of thousands of investors has been stuck with the exchange. The government owned MMTC and PEC are also among those.
The entities such as Mohan India, NK Proteins have the highest liabilities amounting to almost Rs. 2000 crore. The top level people of these companies are related to the exchange's management, which has been the interesting issue now.
All the facts must be know after the entire probe completes and the reasons are revealed.
The exchange responded after a huge panic in the market since the exchange suspended trading on July 31. As per the the National Spot Exchange., on whole there are 21 buyers in the list with an outstanding liability of Rs 5,580 crore, against which stocks tendered by them in exchange warehouses are worth Rs 6,063 crore.
The Forward Markets Commission (FMC), a regulatory authority for commodity futures market, has asked the NSEL the full list of its buyers and sellers as FMC came to know that the money of thousands of investors has been stuck with the exchange. The government owned MMTC and PEC are also among those.
The entities such as Mohan India, NK Proteins have the highest liabilities amounting to almost Rs. 2000 crore. The top level people of these companies are related to the exchange's management, which has been the interesting issue now.
All the facts must be know after the entire probe completes and the reasons are revealed.
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