Description
Swan Energy Limited's trading symbol will change from SWANENERGY to SWANCORP in the Securities Lending and Borrowing Scheme effective September 4, 2025.
Summary
NSE Clearing Limited has announced that Swan Energy Limited’s trading symbol will change from SWANENERGY to SWANCORP in the Securities Lending and Borrowing Scheme, effective September 4, 2025.
Key Points
- Old symbol: SWANENERGY
- New symbol: SWANCORP
- Change applies to Securities Lending and Borrowing Scheme
- All existing contracts will trade under the new symbol
- Reference to previous circular NSE/CML/69907 dated August 29, 2025
Regulatory Changes
Trading symbol modification in the Securities Lending and Borrowing Scheme as per NSE Clearing Limited directive.
Compliance Requirements
Participants and custodians must update their systems to recognize the new trading symbol and ensure all contracts transition to the new symbol.
Important Dates
- September 4, 2025: Effective date for symbol change
- All contracts will trade under new symbol SWANCORP from this date
Impact Assessment
Medium impact on market participants who need to update their trading systems and records. The change is administrative and should not affect the underlying security’s trading or market operations significantly.
Impact Justification
Symbol change affects trading operations but is administrative in nature with clear transition date