Indian Defence Ministry and NSE sign MoU to help MSMEs in defence sector raise capital through NSE Emerge.
The Indian Defence Ministry and the National Stock Exchange (NSE) have signed a MoU to help Micro, Small, and Medium Enterprises (MSMEs) in the defence sector raise productive capital for growth through NSE's platform, 'NSE Emerge'. The five-year agreement will provide new and viable options for raising equity capital from investors and includes extensive awareness drives to guide corporates engaged with the Ministry of Defence for fundraising. NSE will also assist MSMEs in connecting with intermediaries and provide guidance on capital markets, capital raising mechanisms, and regulatory compliance.
July 29, 2024
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