Description
BSE permits trading in 3,711 new equity shares of UPL Ltd arising from conversion of partly paid shares to fully paid up shares on rights basis, effective November 27, 2025.
Summary
BSE has approved the listing of 3,711 new equity shares of UPL Ltd (Scrip Code: 512070) arising from the conversion of partly paid shares to fully paid up shares issued on rights basis. Trading members are permitted to trade in these new securities from November 27, 2025. The new shares carry ISIN INE628A01036 and are pari-passu with existing equity shares.
Key Points
- 3,711 new equity shares of Rs. 2/- each listed
- Shares issued pursuant to conversion of partly paid shares to fully paid up on rights basis
- Distinctive Numbers: 3,550 shares (889627005-889630554) and 161 shares (889958089-889958249)
- ISIN: INE628A01036
- New shares rank pari-passu with existing equity shares
- Scrip Code: 512070
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must ensure proper settlement procedures for the newly listed securities
- Members should update their systems to reflect the additional shares in circulation
Important Dates
- Notice Date: November 26, 2025
- Trading Commencement Date: November 27, 2025
Impact Assessment
Minimal market impact expected. The listing of 3,711 shares represents a small addition to UPL Ltd’s existing equity base. This is a routine corporate action resulting from rights issue conversion, with no material impact on the company’s capital structure or trading dynamics.
Impact Justification
Routine listing of small number of shares from rights issue conversion with minimal market impact