Organizational Setup

The NCEL is jointly promoted by four leading co-operatives viz. GCMMF, IFFCO, KRIBHCO and NAFED; and statutory corporation NCDC, with each investing INR 100 Crore as initial paid-up capital. The authorized share capital of NCEL is INR 2000 Crore. Cooperatives at all levels, from primary to national, that are interested in export activities will be eligible to join NCEL as members.

The registered office of the NCEL is at New Delhi. The membership structure of NCEL, as depicted in the table below, is divided into six classes, each having its own threshold contribution to the organization:-

 

Sl. No.

CLASS

TYPE

MINIMUM SHARE CONTRIBUTION FOR MEMBERSHIP

1.

CLASS 1

PROMOTER MEMBERS

100,000 shares of face value of ₹10,000 each

(₹ 100 Cr)

2.

CLASS 2

STATE LEVEL COOPERATIVES OR APEX COOPERATIVE SOCIETY

1000 shares of face value of ₹10,000 each

(₹1 Cr)

3.

CLASS 3

 A NATIONAL COOPERATIVE SOCIETY AND OR MULTI-STATE COOPERATIVE SOCIETY

500 shares of the face value of ₹10,000 each

(₹ 50 Lakh)

4.

CLASS 4

A COOPERATIVE SOCIETY OTHER THAN PRIMARY OR STATE LEVEL SOCIETY

10 shares of face value of ₹10,000 each

(₹ 1 Lakh)

5.

CLASS 5

PRIMARY COOPERATIVE SOCIETY

1 share of face value of ₹10,000

( ₹10,000 )

6.

CLASS 6

CLASS OR CLASSES OF PERSONS PERMITTED BY CENTRAL REGISTRAR

2 share of face value of ₹10,000

(₹10,000 )

Board Of Directors

Name Representing
Shri Rakesh Kapur IFFCO
Office Vacant NAFED
Dr. Chandra Pal Singh Yadav KRIBHCO
Shri Shamalbhai B Patel GCMMF
Shri Pankaj Kumar Bansal NCDC
Shri Unupom Kausik Managing Director (Ex Officio Member)