SLCM Gets Accreditation from Ace Derivatives and Commodity Exchange

GREEN PARK, India - Nov. 10, 2014 - PRLog -- New Delhi, 10^th November 2014: Sohan Lal Commodity Management (SLCM), India's leading agri logistics and warehousing company, has received empanelment as Warehouse Service Provider (WSP) from Ace Derivatives and Commodity Exchange Limited.

The accreditation from Ace will enable SLCM to provide storage/warehousing facilities to trading/clearing members of the Exchange and their constituent/clients that will include acceptance, storage and delivery of the commodities traded on bourse. Ace is a screen based online derivatives exchange that provides trading facility for commodities.

Commenting on the development, SLCM Group CEO Sandeep Sabharwal said, "We are proud to be associated with Ace Derivatives and Commodity Exchange Limited, which has set high standards in the field of commodity trading in India and offers state-of-the art trading platform. As WSP for Ace, we are committed to provide the best technology enabled storage solutions and well-maintained protection services for the entire range of agri-commodities to the exchange’s trading members and their clients. With our vast network of warehouses, we will ensure transparent and efficient services."

This move makes SLCM as the one and only service provider in India which is accredited with two leading national exchanges - Multi Commodity Exchange of India Ltd, Mumbai (MCX) and now ACE. The group already has license from Food Safety & Standards Authority of India (FSSAI) and is one of the first company in India from the private sector to get WDRA accreditation.

About SLCM:

SLCM is a Delhi-based ISO certified, technology driven Agri-Logistic Company, which is having a network of 600+ warehouses, 9 cold storages spread across 20 states with an area of more than 78.5 lakh square feet and a throughput of 55.0 lakh Metric Tonnes. PAN India. With over 3 decades of presence in warehouse management, SLCM offers holistic services in post harvest agri logistics ecosystem - from agri-commodity warehouse management to procurement and financing  solutions to farmers, processors, traders, agri exchanges and government. SLCM handles about  150 plus agri commodities for more then 3200 customers across India including cotton, pulses, maize, spices, Mentha Oil, etc. SLCM is on an aggressive growth path and has a robust, reliable and scalable technology infrastructure. It is the only company in India which has patented a commodity management processes called AGRI REACH which ensures almost negligent storage losses.

For more information, please contact

Nikita Kukreja, Fortuna PR          Pritika Khera,Fortuna PR

+91 9811754989          +91 8800900547

nikita@fortunapr.in          pritika@fortunapr.in