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 |
| Dr. Bijender Singh | NAFED |
| Dr. Chandra Pal Singh Yadav | KRIBHCO |
| Shri Shamalbhai B Patel | GCMMF |
| Shri Pankaj Kumar Bansal | NCDC |