According to him, the exchange plans to continue to face many obstacles. For example, questions related to gold in India is not solved by the central government and the local authorities states. In addition, a more developed infrastructure for the storage of gold and more reliable document management system in the market. The new exchange would have brought more order and structure of the market, and the government also positively assessed this Somasundaram added. "The Exchange will not be the standard trading platform, which is supported by the liquidity of storage of gold, it will be something completely different."
The price of gold has been increasing for the second consecutive year, stimulating investor interest amid rising gold consumption in China and the falling US dollar.
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The Annual General Meeting of Shareholders of joint stock company "ALROSA" (PJSC), the world leader in diamond production, will be held on June 30, 2017.
ALROSA's Supervisory Board at the last meeting of the recently adopted the agenda of the Annual General Meeting of shareholders, which, inter alia, included: approval of the annual report and annual financial statements; distribution of profits, approval of the amount of the order, the method and timing of payment of dividends on shares of the company; Election of members of the Supervisory Board and the Audit Committee of ALROSA.
In particular, the Supervisory Board approved the recommendations on the distribution of the net profit of the company for 2016. It recommended to the shareholders to pay dividends 65.769 billion rubles, at the rate of 8.93 rubles per share with par value of 50 cents. The date on which define the persons entitled to receive the dividend is July 20, 2017
The list of persons entitled to participate in the Annual General Meeting of shareholders of ALROSA, which will be held at the Republic of Sakha (Yakutia), Mirny str. Lenina, 6, drawn up on the basis of the register of shareholders of the Company ALROSA as of June 6, 2017.
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