Description

NSE Clearing announces change in trading symbol for SML Isuzu Limited from SMLISUZU to SMLMAH in Securities Lending and Borrowing Scheme effective November 10, 2025.

Summary

NSE Clearing Limited has announced a change in the trading symbol for SML Isuzu Limited in the Securities Lending and Borrowing Scheme (SLBS). The symbol will change from SMLISUZU to SMLMAH effective November 10, 2025. This change follows the earlier NSE circular (NSE/CML/71094) dated November 03, 2025, regarding the company’s symbol change.

Key Points

  • Trading symbol changing from SMLISUZU to SMLMAH
  • Change applies to Securities Lending and Borrowing Scheme
  • All contracts in the security will trade under new symbol from effective date
  • References NSE circular NSE/CML/71094 dated November 03, 2025
  • Participants and custodians are required to take note of this change

Regulatory Changes

No regulatory policy changes. This is an administrative update reflecting a corporate symbol change in the SLBS segment.

Compliance Requirements

  • Participants must update their systems to reflect the new trading symbol SMLMAH
  • All trading in the security must be conducted under the new symbol from November 10, 2025
  • Custodians should ensure proper mapping of the old symbol to new symbol in their records

Important Dates

  • November 03, 2025: Original NSE circular on symbol change issued
  • November 07, 2025: NSE Clearing circular issued
  • November 10, 2025: Effective date for symbol change in SLBS segment

Impact Assessment

Market Impact: Minimal. This is a routine administrative change affecting only the trading symbol used in the Securities Lending and Borrowing Scheme.

Operational Impact: Low. Participants need to update their trading systems and ensure the new symbol is properly configured. Existing positions and contracts will continue under the new symbol without disruption.

Investor Impact: No direct impact on investors’ holdings or valuations. Only the trading symbol identifier changes; the underlying security remains the same.

Impact Justification

Administrative change affecting only the trading symbol in SLBS segment. No impact on holdings or market operations beyond symbol update in systems.