Description
ICCL revises additional delivery centers for Gold Futures contracts effective April 27, 2026, adding six cities (New Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bangalore, Cochin) for June 2026 and onwards contracts while discontinuing existing NIL delivery centers.
Summary
ICCL (Indian Clearing Corporation Limited) has revised the Additional Delivery Centers for Gold Futures contracts, partially modifying BSE Circular No. 20260416-32 dated April 16, 2026. The revision adds multiple cities as delivery centers for Gold Futures contracts starting June 2026, replacing the previously notified NIL delivery centers.
Key Points
- Partial modification of ICCL consolidated circular for commodity derivatives segment
- Gold Futures contracts will have six additional delivery centers effective from June 2026 contracts onwards
- New delivery centers: New Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bangalore, and Cochin
- Existing delivery center status (NIL) is being discontinued
- Revised specifications effective from April 27, 2026
Regulatory Changes
The Additional Delivery Centers for Gold Futures contracts are being revised as follows:
| Contract | Existing | Revised | Applicable From |
|---|---|---|---|
| Gold Futures | NIL | New Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bangalore, Cochin | June 2026 and onwards |
This revision supersedes the delivery center specifications in the ICCL consolidated circular for the commodity derivatives segment.
Compliance Requirements
- Members must note the revised delivery center specifications for Gold Futures contracts
- Members should update their operational procedures to account for the seven new delivery locations
- For clarifications, members should contact their respective Relationship Managers or call Commodity Delivery Settlement at 022-22728678 / 022-22728682
Important Dates
- April 17, 2026: Notice date
- April 27, 2026: Effective date of revised specifications for Additional Delivery Centers
- June 2026 onwards: Applicable contract period for new delivery centers
Impact Assessment
This change expands the physical delivery infrastructure for Gold Futures contracts significantly, moving from NIL additional delivery centers to seven major cities across India. This will enhance market accessibility and liquidity for Gold Futures by allowing delivery at multiple geographically distributed centers. Members involved in commodity derivatives trading, particularly Gold Futures, need to update their settlement and logistics arrangements to accommodate these new delivery locations from the June 2026 contract cycle.
Impact Justification
Operationally significant for commodity derivatives members trading Gold Futures, expanding physical delivery infrastructure from June 2026; partial modification of existing ICCL consolidated circular.