Description
NSE informs members that Visa Steel Limited will change its name to VISA Chrome Limited and its trading symbol from VISASTEEL to VISACHROME, effective May 20, 2026.
Summary
NSE has notified all exchange members that Visa Steel Limited will undergo a name and trading symbol change effective May 20, 2026. The company will be renamed VISA Chrome Limited, and its NSE symbol will change from VISASTEEL to VISACHROME.
Key Points
- Existing symbol VISASTEEL will be replaced by VISACHROME
- Company name changes from Visa Steel Limited to VISA Chrome Limited
- Change is effective from May 20, 2026
- Circular issued by NSE Listing Department under Ref No. NSE/CML/74213 and Circular Ref. No. 0779/2026
Regulatory Changes
The NSE Listing Department has formally notified the name and symbol change. No structural or regulatory framework change is involved; this is an administrative update to reflect the company’s rebranding.
Compliance Requirements
- Exchange members must update their systems, trading terminals, and client-facing platforms to reflect the new symbol VISACHROME and new name VISA Chrome Limited before May 20, 2026
- Brokers and depository participants should communicate the change to affected clients holding positions in VISASTEEL
Important Dates
- May 14, 2026: Circular issued by NSE
- May 20, 2026: Effective date for name and symbol change
Impact Assessment
Traders and investors with open positions or standing orders under the symbol VISASTEEL must update references to VISACHROME before the effective date. Automated trading strategies, screeners, and watchlists referencing the old symbol or company name will need to be updated. The underlying security and holdings remain unaffected; only the identifier changes.
Impact Justification
Symbol and name changes affect traders and investors holding or tracking this stock. Operational impact is limited but requires awareness to avoid confusion in order placement and portfolio tracking post-transition.