NSEL to commence e-series remat today

Remat will be feasible only for those unitholders whohold units either matching or exceeding quantity but corresponding to standardbars available in exchange vaults

BS Reporter Mumbai
Last Updated : Apr 11 2014 | 6:17 PM IST
Financial Technologies promoted National Spot Exchange Ltd (NSEL) hasdecided to begin rematerialisation (remat) and financial closure of over 33,000 e-series investors from Saturday.

The last date for receipt of requestapplication is April 23.In the process, NSEL will provide online the updated location, depository and denomination - wise free stock position and the updated stock report on a daily basis.

Remat will be feasible only for those unitholders whohold units either matching or exceeding quantity but corresponding to standardbars available in the exchange vaults.

Unitholders are required to fill in the required application form tothe exchange for which delivery of the metal from the city and location of thevault / warehouse where the allocation has been done by the exchange based upontheir request.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 11 2014 | 6:04 PM IST

Next Story