NeML is a Public limited company incorporated in October 2006. It is an electronic spot market and services company combining best features of financial markets and spot markets. Being electronic in nature market has a global reach.
The operations of the company are regulated in each state by the respective state governments and are subjected to various laws of the land like the Companies Act, Stamp Act, Contracts Act, APMC Act and others which impinge on its working.
NeML is Self-Regulated Organization (SRO) working within the frame-work of existing rules and regulations. We combine the stringent standards of a financial market for risk management and counter party guarantee and offers markets that are closer to spot markets.