Description
Saastha Warehousing Private Limited surrenders its empanelment as Warehouse Service Provider with Indian Clearing Corporation Ltd.
Summary
Saastha Warehousing Private Limited has applied to surrender its empanelment as a Warehouse Service Provider (WSP) with the Indian Clearing Corporation Ltd (ICCL). The ICCL is in the process of approving this surrender. Currently, the company does not have any warehouse accredited with ICCL.
Key Points
- Saastha Warehousing Private Limited was an empaneled WSP with ICCL
- Company has applied for voluntary surrender of empanelment
- ICCL is processing the approval for surrender
- No warehouses are currently accredited with ICCL under this WSP
- All members and constituents are advised to take note
Regulatory Changes
Removal of Saastha Warehousing Private Limited from the list of empaneled Warehouse Service Providers for ICCL’s commodity derivatives segment.
Compliance Requirements
Members and their constituents should note the surrender of empanelment and adjust their warehouse service arrangements accordingly if needed.
Important Dates
- Notice Date: September 4, 2025
- Surrender approval is in process (specific date not mentioned)
Impact Assessment
Minimal operational impact as the WSP has no active warehouses accredited with ICCL. Members using other WSPs for commodity delivery settlement will not be affected. Contact information provided for commodity delivery settlement queries: 022-22728678/8682.
Impact Justification
Administrative change affecting only one WSP with no active warehouses accredited