The Economic Times

Augmont Enterprises shares rally 10% as NSE empanels company for EGR ecosystem

Augmont Enterprises shares rose after the company and its subsidiaries were empanelled by NSE as key partners to promote Electronic Gold Receipts (EGRs). Augmont will support the creation and redemption of EGRs, helping facilitate the conversion of physical gold into EGRs and back, with the aim of boosting participation and strengthening Indias formal gold market ecosystem.