Description

Trading symbol for Tata Motors Limited will change from TATAMOTORS to TMPV in the Securities Lending and Borrowing Scheme effective October 24, 2025.

Summary

NSE Clearing Limited has announced a change in the trading symbol for Tata Motors Limited in the Securities Lending and Borrowing Scheme. The symbol will change from TATAMOTORS to TMPV effective October 24, 2025. This follows the earlier NSE circular (NSE/CML/70875) dated October 16, 2025.

Key Points

  • Old Symbol: TATAMOTORS
  • New Symbol: TMPV
  • Effective Date: October 24, 2025
  • Applies to: Securities Lending and Borrowing Scheme
  • All existing contracts in the security will be traded under the new symbol from the effective date
  • Issued by NSE Clearing Limited (Circular Ref. No: 113/2025, NCL/CMPT/70934)

Regulatory Changes

No regulatory framework changes. This is an administrative symbol change in the Securities Lending and Borrowing Scheme following corporate action or restructuring of Tata Motors Limited.

Compliance Requirements

  • All participants and custodians must update their systems to reflect the new trading symbol TMPV
  • Ensure all trading, settlement, and reporting systems are configured for the new symbol before October 24, 2025
  • Existing contracts will automatically transition to the new symbol

Important Dates

  • October 16, 2025: Original announcement via NSE circular NSE/CML/70875
  • October 23, 2025: NSE Clearing Limited circular issued
  • October 24, 2025: New symbol TMPV becomes effective for all SLBS trading

Impact Assessment

Operational Impact: Medium - Participants and custodians need to update trading systems, reference data, and reporting mechanisms to reflect the new symbol.

Market Impact: Low to Medium - While the symbol change is administrative, it affects all Securities Lending and Borrowing transactions for Tata Motors Limited. Proper system updates are critical to avoid trading disruptions.

Investor Impact: Low - Existing positions and contracts automatically transition to the new symbol without requiring investor action.

Impact Justification

Symbol change affects all trading in Securities Lending and Borrowing Scheme but is an administrative change with clear transition date