The National Commodity & Derivatives Exchange Limited (NCDEX) said that it will foray into the equity and equity derivatives category, signifying a notable transition from its traditional agriculture-centred operations, according to a report by Mint.
The board of NCDEX approved the decision to enter in derivates segment on February 12. “The Board of Directors of the Exchange at its meeting held on Wednesday, February 12, 2025, approved the launch of the Equity and Equity Derivatives segment based on a feasibility study and business plan prepared for the same,” stated NCDEX.
The exchange aims to invest approximately Rs 400-600 crore for this expansion, as Mint stated quoting the announcement.
“The Exchange will benefit from its entry into the equity and equity derivatives segment as the segment is very large, growing, and offers an opportunity for NCDEX to diversify beyond the agri segment. The diversification is also expected to benefit the agri segment through significant synergies,” said NCDEX.
NCDEX announced the foray alongside the release of the unaudited standalone and consolidated financial results for Q3 FY25.
National Commodity & Derivatives Exchange is a commodity Exchange that deals in both the agriculture and non-agri commodities derivatives segment. NCDEX was incorporated on April 23, 2003, as a public limited company and commenced operations on December 15, 2003.