Description

ICCL has accepted the surrender of empanelment by Saastha Warehousing Private Limited as a Warehouse Service Provider (WSP), following a public notice period during which no claims were received.

Summary

Indian Clearing Corporation Limited (ICCL) has formally accepted the application for surrender of empanelment by Saastha Warehousing Private Limited as a Warehouse Service Provider (WSP). Following a public notice published in Free Press Journal (All Editions) and Navshakti (Mumbai Edition) on September 16, 2025, no claims were received during the stipulated period, enabling ICCL to complete the de-empanelment process.

Key Points

  • ICCL has accepted the surrender of empanelment by Saastha Warehousing Private Limited as WSP.
  • The process originated from ICCL Circular No. 20250904-60 dated September 04, 2025.
  • A public notice was issued in Free Press Journal (All Editions) and Navshakti (Mumbai Edition) on September 16, 2025.
  • No claims were received against Saastha Warehousing Private Limited during the stipulated claim period.
  • Saastha Warehousing’s Corporate Office is at D. No. 6-3-713, 2nd Floor, Topaz Building, Amrutha Hills, Punjagutta, Hyderabad - 500082.
  • Saastha Warehousing’s Registered Office is at 7-20, NDR Godown Complex, Opp. Sanath Nagar Good Shed, Mossapet, Hyderabad - 500081.

Regulatory Changes

Saastha Warehousing Private Limited is no longer empanelled as a Warehouse Service Provider (WSP) with ICCL for the Commodity Derivatives segment. Members and constituents should update their records accordingly.

Compliance Requirements

  • All Members and their respective constituents/clients are requested to take note of the de-empanelment of Saastha Warehousing Private Limited as a WSP.
  • Members with queries related to Commodity Delivery Settlement may contact ICCL at 022-22728678 / 022-22728682 or their respective Relationship Managers.

Important Dates

  • September 04, 2025: Original ICCL Circular No. 20250904-60 issued regarding intimation of surrender.
  • September 16, 2025: Public notice published in newspapers inviting claims.
  • March 09, 2026: Acceptance of surrender formally notified via this circular.

Impact Assessment

The de-empanelment of Saastha Warehousing Private Limited has a limited market impact as it affects only those Members and constituents who may have been using this specific WSP for commodity delivery and settlement purposes in the Commodity Derivatives segment. Members should ensure they have alternative warehousing arrangements in place if they previously relied on Saastha Warehousing’s facilities.

Impact Justification

Administrative closure of a single WSP's empanelment with no claims received; limited impact on broader market participants.