Description

NSE Clearing Limited announces the change in trading symbol of Akzo Nobel India Limited from AKZOINDIA to JSWDULUX in the Securities Lending and Borrowing Scheme, effective April 15, 2026.

Summary

NSE Clearing Limited has announced a change in the trading name and symbol of Akzo Nobel India Limited under the Securities Lending and Borrowing (SLB) Scheme. The symbol will change from AKZOINDIA to JSWDULUX effective April 15, 2026. This follows the earlier NSE circular (NSE/CML/73652) dated April 08, 2026, regarding the symbol change.

Key Points

  • Trading symbol changes from AKZOINDIA to JSWDULUX in the SLB Scheme
  • The change applies to NSE Clearing Limited’s Securities Lending and Borrowing Scheme
  • All existing contracts in the security will be traded under the new symbol post the effective date
  • Participants and Custodians are advised to update their systems accordingly
  • This circular is issued by NCL (NSE Clearing Limited), Circular Ref. No: 040/2026

Regulatory Changes

The company name and trading symbol of Akzo Nobel India Limited has been changed. The new symbol JSWDULUX reflects the rebranding, likely following an acquisition or merger (the JSWDULUX name suggests involvement of JSW Group and Dulux brand). The change is mandated under the Securities Lending and Borrowing Scheme administered by NSE Clearing Limited.

Compliance Requirements

  • All Participants and Custodians must take note of the symbol change
  • Systems, references, and records must be updated to reflect the new symbol JSWDULUX before April 15, 2026
  • Any active SLB contracts referencing AKZOINDIA should be tracked under the new symbol JSWDULUX post the effective date

Important Dates

  • April 08, 2026: Original NSE circular (NSE/CML/73652) issued regarding the symbol change
  • April 13, 2026: This SLB-specific circular (NCL/CMPT/73717) issued by NSE Clearing Limited
  • April 15, 2026: Effective date — all SLB contracts to be traded under new symbol JSWDULUX

Impact Assessment

This change has a moderate operational impact on SLB Scheme participants and custodians who hold or trade in Akzo Nobel India Limited securities. Participants must update trading systems, back-office records, and risk management platforms to recognize the new symbol JSWDULUX. Failure to update systems could lead to settlement or reconciliation issues. The underlying security remains the same; only the name and symbol change.

Impact Justification

Symbol change affects all active SLB contracts and participants trading Akzo Nobel India Limited; operational action required by participants to update systems before April 15, 2026.