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The National Commodity and Derivatives Exchange (NCDEX) is a public limited company based in Mumbai, India, that operates in the finance industry . Established on December 15, 2003 , NCDEX is an organization that provides a platform for trading in agricultural commodities, stock exchange, trade, financial services, and financial derivatives . The company's motto is "Pragati ka Solid Exchange" .
NCDEX is owned by several entities, including the National Bank for Agriculture and Rural Development, National Stock Exchange of India, Punjab National Bank, Canara Bank, Indian Farmers Fertiliser Cooperative, and Crisil Limited . The company operates with a business-to-business (B2B) model and focuses on transaction processing and marketplace services .
NCDEX has a workforce of 405 employees and is led by CEO Arun Raste . Other key executives include CFO Atul Roongta, COO Hitesh Savla, and CTO Viral Davda . The company's board of directors consists of several members, including Ashish Bahuguna, Hemant Adarkar, Prem Kumar Malhotra, Purvi Mehta, R. Amalorpavanathan, Venkat Nageswar Chalasani, B. Venugopal, Manikumar S., Rakesh Kapur, and Srinath Srinivasan .
The company's official website can be found at http://www.ncdex.com/ , and they maintain a presence on social media platforms such as LinkedIn, Facebook, and Twitter .