National Commodity Clearing Limited (NCCL) is a wholly owned subsidiary of the National Commodity & Derivatives Exchange Ltd. (NCDEX) which is India’s leading agri-commodity exchange. NCCL is responsible for clearing and settlement services of all trades executed on the exchange and is committed to provide a robust and transparent risk management platform for the collective benefit of the agri-ecosystem...

SEBI has granted recognition to NCCL as a clearing corporation which is available on the link https://www.sebi.gov.in/clearing-corporations.html