Description

Symbol change from JCHAC to BOSCH-HCIL in Securities Lending and Borrowing Scheme effective December 24, 2025.

Summary

NSE Clearing Limited has announced a change in the trading symbol of Johnson Controls - Hitachi Air Conditioning India Limited in the Securities Lending and Borrowing Scheme. The symbol will change from JCHAC to BOSCH-HCIL effective December 24, 2025. This change follows the NSE circular dated December 18, 2025, and all existing contracts in the security will be traded under the new symbol from the effective date.

Key Points

  • Trading symbol change from JCHAC to BOSCH-HCIL
  • Change applicable to Securities Lending and Borrowing Scheme
  • All existing contracts will be traded under the new symbol
  • Reference to NSE circular no NSE/CML/71871 dated December 18, 2025
  • Participants and custodians to be informed

Regulatory Changes

No regulatory framework changes. This is an administrative change in trading symbol nomenclature for the company in the Securities Lending and Borrowing Scheme.

Compliance Requirements

  • Participants must update their systems to reflect the new trading symbol BOSCH-HCIL
  • All trades and positions in the security must be processed under the new symbol from December 24, 2025
  • Participants should ensure proper mapping of old symbol to new symbol for continuity of contracts

Important Dates

  • December 18, 2025: Original NSE circular reference date
  • December 23, 2025: NCL circular issuance date
  • December 24, 2025: Effective date for symbol change

Impact Assessment

Operational Impact: Medium - Participants need to update their trading systems, risk management systems, and back-office operations to reflect the new symbol. Requires coordination across multiple systems.

Market Impact: Low - The symbol change is administrative and does not affect the underlying security, its pricing, or trading mechanics. Continuity of contracts is maintained.

Trading Impact: Medium - All participants in Securities Lending and Borrowing must transition to the new symbol simultaneously to ensure seamless trading and settlement.

Impact Justification

Operational change affecting trading symbol for all contracts in Securities Lending and Borrowing Scheme. Requires system updates but does not impact business fundamentals.