Empanelment of Refiners under the NSE Refiner Standards for Gold
NSE circular NSE/COM/74838 · 23 Jun 2026
Official title
Empanelment of Refiners under the NSE Refiner Standards for Gold conforming to BIS Standards
Official record
Open source pageSummary
Check the official recordWhat changed
The National Stock Exchange of India Limited empanels AUGMONT ENTERPRISES LIMITED and GGC Gujrat Gold Centre Private Limited as approved refiners. These refiners meet the NSE Refiner Standards for gold that conforms to Bureau of Indian Standards requirements. The exchange accepts gold bars and coins from these refiners for settlement of gold futures contracts. These refiners also facilitate the creation of Electronic Gold Receipts on the exchange platform. The exchange sets specific making charges for gold products supplied by these refineries. These charges exclude taxes and other levies. The refiners must ensure all gold products adhere to exchange contract specifications and quality parameters. This circular takes effect immediately.
What you must do
- Refiners must ensure gold coins and bars adhere to contract specifications and quality parameters.
Key dates
- Effective from
- 23 Jun 2026
Document text
[Image omitted. See the official document.]
National Stock Exchange of India Limited
Circular
| Department: COMMODITY DERIVATIVES | |
|---|---|
| Download Ref No: NSE/COM/74838 | Date: June 23, 2026 |
| Circular Ref. No: 39/2026 |
All Members,
Empanelment of Refiners under the NSE Refiner Standards for Gold conforming to BIS Standards
This is in continuation to the NSE Circular No. NSE/COM/73215 dated March 10, 2026, with respect to the NSE Refiner Standards for Gold conforming to BIS standards.
The Exchange is pleased to inform that in line with its NSE Refiner Standards (NRS), the Exchange has empaneled AUGMONT ENTERPRISES LIMITED and GGC Gujrat Gold Centre Private Limited, who have qualified for empanelment under the NSE Refiner Standards, enabling its refined gold coins and bars to be accepted for settlement against delivery obligations in all the NSE gold futures contracts and for creation of Electronic Gold Receipts (EGRs) which will be traded on the Exchange platform.
Additionally, as specified in the circular number NSE/EGR/74224 dated May 14, 2026, Refiners who are empaneled under the NSE Refiner Standards (NRS) framework are eligible to facilitate the creation of NSE EGRs as well.
The making charges for gold bars/ coins supplied through these refineries shall be as below, exclusive of applicable taxes, levies, and other charges, if any.
| Product | Making Charges |
|---|---|
| Gold Futures | Nil |
| GoldM Futures | Nil |
| Gold 10G Futures | Rs. 300 per coin |
| Gold Guinea Futures | Rs. 300 per coin |
| Gold 1 Gram Futures | Rs. 300 per coin |
The gold coins and bars delivered shall strictly adhere to the contract specifications and quality parameters as prescribed by the Exchange from time to time.
The circular shall be effective immediately.
For and on behalf of National Stock Exchange of India Limited
Khushal Shah Associate Vice President
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 23 Jun 2026
- Document number
- NSE/COM/74838
- Issuing division
- COMMODITY DERIVATIVES
- Effective date
- 23 Jun 2026
- Coverage area
- securities