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No arrangement with NSEL or its member: Naraingarh Sugar Mills

2013-09-04 08:32:10| Sugar Industry News

For investors in National Spot Exchange Ltd (NSEL) sugar contracts, there is more bitter news in store. Business Standard spot checks found Ekam Enterprises, the client that owed Rs 512.16 crore, had shifted from the address it had provided several months ago. Also, the owner of the sugar mill, where the warehouses of Yathuri Associates were said to be located, said there was no such facility in the mills premises.

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