The Bombay Stock Exchange (BSE) on February 07, 2025, notified regarding the De-accreditation of additional Vaults for the deposit & delivery of Gold.
The following has been stated namely: -
• It states that ICCL has de-accredited the following additional gold deposit and delivery vaults with immediate effect:
o Sequel Logistics Pvt Ltd at Sridevi Castle, Avanthi Nagar, Basheer Bagh, Hyderabad – 500029, Telangana (Delivery Centre: Hyderabad, Telangana), and
o Sequel Logistics Pvt Ltd at Plot No. L-374, 5th Main Road, 6th Sector, HSR Layout, Bangalore – 560102, Karnataka (Delivery Centre: Bangalore, Karnataka).
• It further states that no fresh gold deposits will be accepted at these de-accredited vaults for exchange platform deposit and delivery.
• This shall be applicable on the Commodity Derivatives segment.
[Notification no. - 20250207-30]