Mumbai, Apr 3 (PTI) NCDEX e Markets (NeML), a NCDEX group company, today announced the appointment of Rajesh Sinha as its Managing Director and CEO.
Sinha will be responsible for the company’s efforts in scaling up its various developmental initiatives in e-markets, especially in agricultural produce, NeML said in a release issued here.
NeML has established itself as India’s leading and only e-electronic commodity spot markets and services company.
NeML e-markets have facilitated trades worth more than Rs 45,000 crore, in more than 92 commodities across the country including in dairy, grains, pulses, edible oil, oilseeds, sugar and salt among others.
Wheat, pulses, sugar, salt and edible oil are some of the largest traded commodities on the market.
The company has also facilitated farmer finance of Rs 1,200 crore against stocks kept in accredited warehouses.
This is published unedited from the PTI feed.