Central Depository Services’ (CDSL) wholly owned subsidiary - CDSL Commodity Repository (CCRL) has received a formal registration certificate as Commodity Repository on September 26, 2017. The launch of the Repository system fills one of the major infrastructure gaps in warehousing space for building a robust eco system to help farmers, manufacturers, traders, banks, HBFC's etc., for the growth and development of agri-commodities.
Commodity Repository allows the Farmer, Farmers Producer Organizations (FPOs), Manufacturers, etc., to obtain electronic warehouse receipts (negotiable or non-negotiable) (eNWRs or eNNWRs) in a demat account against deposit of commodities in any of the warehouses registered with Warehousing Development and Regulatory Authority (WDRA).
CDSL operates as a securities depository in India. It offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.
