Description

NSE announces change in company name from A and M Jumbo Bags Limited to Parampara Dairy Delights Limited and corresponding symbol change from AMJUMBO to PARAMPARA effective January 23, 2026.

Summary

The National Stock Exchange of India has notified members about the change in name and trading symbol of A and M Jumbo Bags Limited. The company will be renamed to Parampara Dairy Delights Limited, with the trading symbol changing from AMJUMBO to PARAMPARA. This change will become effective from January 23, 2026.

Key Points

  • Company name changes from “A and M Jumbo Bags Limited” to “Parampara Dairy Delights Limited”
  • Trading symbol changes from “AMJUMBO” to “PARAMPARA”
  • Change represents a complete business identity transformation, suggesting possible shift in business focus
  • All exchange members have been informed of this modification

Regulatory Changes

No regulatory framework changes. This is a corporate action involving name and symbol modification as per standard listing agreement provisions.

Compliance Requirements

  • Exchange members must update their systems to reflect the new company name and symbol
  • Trading terminals and market data feeds should be updated before January 23, 2026
  • Investors holding shares under the old name should note that their holdings will automatically reflect the new name post-effective date

Important Dates

  • Circular Date: January 19, 2026
  • Effective Date: January 23, 2026

Impact Assessment

Market Impact: Minimal. This is an administrative change that does not affect the company’s financials, shareholding pattern, or business operations from a trading perspective.

Operational Impact: Exchange members and market participants need to update their systems and databases to reflect the new name and symbol. Investors should be aware of the symbol change when placing orders after the effective date.

Business Implications: The name change from “Jumbo Bags” to “Dairy Delights” suggests a significant pivot in the company’s business model, potentially moving from packaging/bags business to dairy products sector.

Impact Justification

Routine administrative change affecting only the company name and trading symbol without operational or financial implications for the market.