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NMCE promoters in talks with PE players, banks to dilute stake
Ahmedabad-based National Multi Commodity Exchange (NMCE) is in talks with five private equity players and large private banks to divest part of shareholders’ equity in the exchange, to meet the regulatory guidelines before the extended deadline of March 31, 2012.
Currently, the exchange has an equity share capital of Rs 19.12 crore, which, according to revised guidelines, should be raised to
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