MCX Clearing Corp de-accredits 2 warehouses for base metals, steel rebar
This story was originally published at 13:58 IST on 21 February 2025
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MUMBAI – Multi Commodity Exchange Clearing Corp. Ltd. has de-accredited two warehouses used for storing and delivery of base metals and steel rebar contracts, with immediate effect, the exchange said in a notice.
The delivery centres of Eastland Switchgears Private Ltd. Warehouse and the Enrich RD Infraprojects Private Ltd. Warehouse are in Kolkata and Thane, respectively.
"...no fresh deposit shall be accepted at these warehouses for the Exchange delivery. All members and their respective constituents are requested to take note of the same," the notice said. End
Reported by Ashutosh Pati
Edited by Avishek Dutta
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