The Wealth Company, a member of the Pantomath Group, has become the first asset management company to participate in the Electronic Gold Receipts (EGR) segment recently launched by the National Stock Exchange (NSE).
EGRs are exchange-traded instruments that are backed by physical gold with standardized purity. They provide investors with a transparent, regulated, and efficient way to engage with gold as a financial asset. The Wealth Company aims to enhance access to gold for investors by using institutional investment vehicles and to foster the development of a robust EGR ecosystem in India.
Ashish Kumar Chauhan, Managing Director and Chief Executive Officer of NSE, indicated that EGRs signify a significant advancement in the financialization of gold in India. They present a clear, exchange-traded, and standardized instrument underpinned by physical gold. The involvement of asset managers is crucial for creating scale, depth, and investor confidence in this market segment.
Madhu Lunawat, Managing Director and CEO of The Wealth Company, remarked that EGRs represent a forward-looking product and an essential offering from the NSE, which has continually introduced innovative products to the Indian capital markets.
EGRs will facilitate gold transactions in a regulated and standardized environment, promoting an easier business experience, as these instruments can be bought or sold effortlessly through a demat account.
The collaboration between NSE and The Wealth Company is expected to serve as a catalyst in achieving a broader objective: to make gold investment more transparent, safer, and standardized nationwide.
Published on May 19, 2026.
