Augmont × White Gold — Partnership Proposal
A collection partnership for
Electronic Gold Receipts
Bringing regulated, exchange-traded gold to South India — powered by your network, run on our rail.
Prepared for White Gold · Confidential
Augmont — the physical & issuance rail behind NSE's EGR
What is EGR
Physical gold, turned into a regulated security
An Electronic Gold Receipt (EGR) is SEBI-regulated, exchange-traded gold — held as a security in the customer's own demat account, backed 1:1 by real gold in a SEBI-registered vault. NSE launched the EGR segment in May 2026, and Augmont is NSE's appointed liquidity provider (we rang the bell with them in July 2026).
Own it
Held as a security in the customer's own demat — real, allocated, vaulted gold.
Trade it
Buy and sell on the exchange at live, transparent prices — like a stock.
Take it home
Redeem for physical gold — a coin or bar — delivered when they want it.
Why now
The largest gold market on earth — barely financialised
~25,000 t
India's household gold (~$2.4T) — the world's largest holding, and under 1% financialised.
~40%
of India's gold demand comes from the South — the heart of the country's gold market.
Months
old — NSE's EGR segment is brand new. A genuine first-mover window.
EGR is the regulated bridge that turns idle physical gold into a tradable, demat-held asset. Nowhere is that opportunity larger than South India — and the partner who owns the physical touchpoints here, first, defines the category.
What Augmont does
We run the entire gold engine, end to end
- India Good Delivery accredited refiner — our own refining capability.
- EGR creation & issuance — converting gold into a 1:1-backed security.
- NSE's appointed liquidity provider — we make the two-way market.
- Vaulting — via a SEBI-registered Vault Manager (independent custody).
- Redemption & delivery — physical gold back to the customer, pan-India.
- Compliance & tech — the regulated rail, systems and controls.
In short: Augmont owns the physical and issuance rail. A collection partner never has to build refining, vaulting, liquidity, technology or compliance — we already run all of it.
The flow — and where White Gold fits
You own the physical front end — collect, assay, verify
Customer's gold
Old jewellery, coins, or a fresh buy.
→
White Gold branch
Collection · XRF assay & purity check · KYC intake — your kit, your expertise.
→
Augmont
Refine · vault · issue EGR, backed 1:1.
→
Customer's demat
EGR to hold or trade on NSE.
Redemption ← When a customer wants physical gold back, Augmont fulfils it — and the White Gold network is the collection & hand-over point in the South. Your stores are the front door both ways.
With your XRF machines and assaying expertise, White Gold can own the whole physical front end. Augmont takes it from refining onward.
What we offer White Gold
A new revenue line on the network you already run
A new revenue stream
Earn on every gram you collect, assay and convert through your network — and on redemptions you help fulfil. (Commercials to be agreed.)
Own the full physical front end
Your XRF machines and assaying expertise mean you can run collection, assay and verification end-to-end — a deeper role, and a larger share.
Zero tech or market risk
Augmont handles refining, vaulting, EGR issuance, liquidity and compliance. The regulated rail is entirely on us.
Monetise what you already have
Your stores, staff, assaying kit and customer trust become a new, regulated service line — with minimal new investment.
Why partner — and why now
Your network + our rail = the region's winning combination
- It's live and regulated, not a concept — EGR is trading on NSE today, and Augmont is the appointed liquidity provider behind it.
- The rail is already built — refining, vaulting, issuance, liquidity and compliance are running. You plug your network in; you don't build anything.
- You already have the hard part — the stores, the trust, and the assaying infrastructure. EGR turns it into a new, regulated revenue line.
- South India is the prize — the country's densest gold market, largely un-financialised. First mover here sets the default.
How it works — a light lift for you
Who does what
White Gold provides
- Branch network & local customer trust
- XRF assaying & purity verification — your equipment & expertise
- Collection & KYC intake
Augmont provides
- Refining, vaulting & EGR issuance
- Market-making liquidity & the NSE rail
- Compliance, settlement, delivery & support
We start with a pilot in a few locations, prove the flow and economics together, then scale across the network.
Next steps
Let's start with a focused pilot
1
Align on scope
Agree the pilot region and the shape of the partnership.
2
Working session
Walk through operations, the assay/intake process and commercials together.
3
Launch the pilot
Go live in select White Gold locations; prove it, then scale.
Sachin Kothari — CEO & MD, Augmont · Sanchit Deshmukh · +91 70578 36993 · sanchit.deshmukh@augmont.com
For partnership discussion only. Not investment or tax advice, and not an offer of any security. Specific operational, commercial and tax terms are governed by definitive documentation and applicable law.