Description

ICCL has accepted the surrender of empanelment by Gogreen Warehouses Private Limited as Warehouse Service Provider after no claims were received during the stipulated period.

Summary

Indian Clearing Corporation Limited (ICCL) has accepted the surrender of empanelment by Gogreen Warehouses Private Limited as a Warehouse Service Provider (WSP). Following a public notice published in Free Press Journal and Navshakti on June 11, 2025, no claims were received against Gogreen Warehouses during the stipulated period. The company’s registered and corporate office is located in Ahmedabad, Gujarat.

Key Points

  • ICCL has accepted Gogreen Warehouses Private Limited’s application to surrender its WSP empanelment
  • This follows ICCL Circular No. 20250528-7 dated May 28, 2025, regarding the intimation of surrender
  • Public notice was published in newspapers on June 11, 2025 inviting claims against the company
  • No claims were received during the stipulated time period
  • Registered Office: 305-Arohi Complex, Vijay Cross Road, Nr. Rasranjan Restaurant, Navrangpura, Ahmedabad, Gujarat-380009

Regulatory Changes

Gogreen Warehouses Private Limited is no longer empaneled as a Warehouse Service Provider for ICCL effective from this circular date.

Compliance Requirements

  • Members and their constituents/clients are requested to take note of this change
  • For queries related to commodity delivery settlement, members should contact their Relationship Managers or call 022-22728678/8682

Important Dates

  • May 28, 2025: Original ICCL circular regarding intimation of surrender (Circular No. 20250528-7)
  • June 11, 2025: Public notice published in newspapers inviting claims
  • December 3, 2025: Acceptance of surrender confirmed

Impact Assessment

This is an administrative change with minimal market impact. The surrender affects only one warehouse service provider in the commodity derivatives segment. Since no claims were filed against Gogreen Warehouses during the public notice period, there appear to be no outstanding issues or client concerns. Members using other warehouse service providers will not be affected.

Impact Justification

Administrative change affecting a single warehouse service provider with no claims against it. Limited impact on market participants.