Page 28 - Bullion World Volume 02 Issue 12 December 2022

Bullion World | Volume 2 | Issue 12 | December 2022
PRESS RELEASE

MCX Awards 2022: Sequel Logistics awarded

Leading Warehouse

Service Provider - Bullion Segment

05 November 2022, Goa
th

Sequel Logistics awarded the "Leading Warehouse Service Provider - Bullion Segment"
award during the prestigious MCX Awards, held in Goa on 05th November 2022. MCX
awards is organized by Multi Commodity Exchange of India Limited (MCX), India’s first
listed exchange, a commodity derivatives exchange that facilitates online trading of
commodity derivatives transactions, thereby providing a platform for price discovery
and risk management.

Sequel is the approved vault manager for MCX since 2017. Mr. Sharad Jobanputra,
Chairman and Managing Director - Sequel Logistics received the award on behalf
of Sequel Logistics Private Limited. This accolade stands testimony to Sequel’s
contribution to the gold bullion industry. Sequel has been a trailblazer in the industry for
more than 18 years and launched many innovative and agile approaches to improve
security and transparency in the precious metal vaulting space. Sequel has adopted
a new-age technology like blockchain which enables the participants to view, verify
and authenticate important and relevant information against the digital gold asset
purchased, such as the physical bar identity, its origin, compliance record, current
vault location and assay certificate. As Sequel expands its network and offerings, this
recognition is a notable milestone for the Sequel team.

Left to right: Mr Rishi Nathany (Chief Business Officer - Business Development, MCX),
Mr P. S. Reddy (MD & CEO, MCX), Mr Narendra Ahlawat (MD & CEO - MCXCCL),
Mr Shivanshu Mehta (Head - Bullion, MCX), Mr Sharad Jobanputra (CMD - Sequel Logistics),
Mr Hemang Raja (Shareholder Director, MCX), Mr Ashutosh Vaidya (Director - Public Interest, MCX),
Mr Manoj Jain (Chief Operating Officer, MCX).

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