Description
NSE Clearing announces change in trading symbol from SEQUENT to VIYASH for Securities Lending and Borrowing Scheme effective January 23, 2026.
Summary
NSE Clearing Limited has announced a change in the trading symbol of Sequent Scientific Limited in the Securities Lending and Borrowing Scheme (SLBS). The symbol will change from SEQUENT to VIYASH effective January 23, 2026. This follows the earlier NSE circular (NSE/CML/72374) dated January 19, 2026, regarding the symbol change.
Key Points
- Trading symbol changing from SEQUENT to VIYASH
- Change applies to Securities Lending and Borrowing Scheme
- Effective date: January 23, 2026
- All existing contracts in the security will trade under new symbol VIYASH
- References NSE circular NSE/CML/72374 dated January 19, 2026
Regulatory Changes
No new regulatory framework introduced. This is an administrative change updating the trading symbol for an existing listed company in the SLBS segment.
Compliance Requirements
- Participants and custodians must update their systems to recognize the new symbol VIYASH
- All trading in the security must use the new symbol from January 23, 2026
- Existing contracts will automatically transition to the new symbol
Important Dates
- Circular Date: January 22, 2026
- Effective Date: January 23, 2026 - New symbol VIYASH becomes operational
Impact Assessment
Operational Impact: Medium - Participants need to update systems and processes to reflect the new trading symbol. The one-day notice period requires immediate action.
Market Impact: Low to Medium - Symbol changes can cause temporary confusion but do not affect the underlying security or contracts. All existing positions will seamlessly transition to the new symbol.
Affected Parties: All participants and custodians in the Securities Lending and Borrowing Scheme who trade or hold positions in this security.
Impact Justification
Symbol change affects trading operations in Securities Lending and Borrowing Scheme but is administrative in nature with clear transition date