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Past performance
About Spacenet Enterprises India Ltd Spacenet Enterprises India Limited, originally incorporated as Northgate Com Tech Private Limited in 2010, underwent a name change in 2015. The company specializes in developing software tools and platforms for commodities trading, offering fast, flexible, and reliable solutions. It is also involved in investing, acquiring, and dealing in various commodities, including gold, under the regulations of the Securities Contracts Regulation Act (SCRA) 1956. Additionally, Spacenet engages in trade finance, fintech, and trade tech sectors.
In 2011-12, a Composite Scheme of Arrangement and Amalgamation resulted in the demerger of Northgate Technologies Limited's business into Spacenet Enterprises and the merger of Green Fire Agri Commodities Private Limited's business with Northgate Technologies. This strategic restructuring aimed to streamline operations and expand Spacenet's capabilities in commodities trading and related financial services.