 "sebi")
Sebi board clears frameworks for gold, social stock exchanges
Sebi's board on Tuesday cleared a proposal for setting up a gold exchange wherein the yellow metal will be traded in the form of electronic gold receipts and the bourse will help in having a transparent domestic spot price discovery mechanism.
The instruments representing gold will be called Electronic Gold Receipts (EGRs) and will be notified as securities, Sebi Chairman Ajay Tyagi said at a press conference after the board meeting. Read more
NCLT allows Future Group to hold EGMs to sell businesses to Reliance
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