No discrepancy in e-series stock holdings in vaults, say NSEL Sharp & Tannan conducted the audit of stocks and the settlement backlog was due to redemption pressure, they added.
Also read: MCA looking at possible violations by NSE The press release says:The National Spot Exchange Limited (NSEL) today announced that its stock positions of Gold, Silver and Platinum, for e-series contracts tallies with depository records. The Exchange has also posted the relevant Audit Report by Sharp &Tannan Associates on its website.
In order to facilitate the investors to liquidate the e-series units, NSEL is in the process of providing an exit window to sell their units and realize cash payments, subject to necessary approvals.
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