Description
ICCL approves surrender of empanelment of Saastha Warehousing Private Limited as Warehouse Service Provider for commodity derivatives segment.
Summary
Indian Clearing Corporation Limited (ICCL) is processing the surrender of empanelment of Saastha Warehousing Private Limited as a Warehouse Service Provider (WSP) for the commodity derivatives segment. The company applied for voluntary surrender of its WSP status.
Key Points
- Saastha Warehousing Private Limited was an empaneled Warehouse Service Provider of ICCL
- Company has applied for voluntary surrender of its empanelment
- ICCL is in the process of approving the surrender
- Currently, Saastha Warehousing does not have any warehouse accredited with ICCL
- All members and constituents are advised to take note of this change
Regulatory Changes
Removal of Saastha Warehousing Private Limited from the list of empaneled Warehouse Service Providers under ICCL’s commodity derivatives segment.
Compliance Requirements
- All BSE members and their constituents must take note of this empanelment surrender
- Members should contact their Relationship Managers for clarifications
- Contact commodity delivery settlement team at 022-22728678/8682 for queries
Important Dates
- Notice Date: September 4, 2025
- Surrender process: Currently in progress
Impact Assessment
Minimal market impact as Saastha Warehousing Private Limited currently has no warehouses accredited with ICCL. This is an administrative change that reduces the number of available warehouse service providers but does not affect active warehouse operations.
Impact Justification
Administrative change affecting single warehouse service provider with no current accredited warehouses