Augmont Enterprises shares surged after the National Stock Exchange empanelled the company and its subsidiaries as key partners in the Electronic Gold Receipts ecosystem. The move positions Augmont to support the creation and redemption of EGRs, a development that could deepen formalisation in India’s gold market and improve market participation.
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"Augmont Enterprises jumps 10% after NSE empanels firm for EGR ecosystem"
Augmont Enterprises shares surged after the National Stock Exchange empanelled the company and its subsidiaries as key partners in the Electronic Gold Receipts ecosystem. The move positions Augmont to support the creation and redemption of EGRs, a development that could deepen formalisation in India’s gold market and improve market participation.
Augmont Enterprises jumps 10% after NSE empanels firm for EGR ecosystem
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (10:40 AM IST)•5 min read
Augmont Enterprises shares surged after the National Stock Exchange empanelled the company and its subsidiaries as key partners in the Electronic Gold Receipts ecosystem. The move positions Augmont to support the creation and redemption of EGRs, a development that could deepen formalisation in India’s gold market and improve market participation.
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