Description
3,711 equity shares of UPL Ltd converted from partly paid to fully paid up shares (Rs. 2/- each) on rights basis, available for trading from November 27, 2025.
Summary
BSE has approved the listing of 3,711 new equity shares of UPL Ltd (Scrip Code: 512070) resulting from the conversion of partly paid shares to fully paid up shares of Rs. 2/- each on rights basis. These shares will be available for trading from Thursday, November 27, 2025. The new shares are pari-passu with existing equity shares of the company.
Key Points
- Total new shares listed: 3,711 equity shares
- Face value: Rs. 2/- per share
- Basis: Conversion of partly paid shares to fully paid up on rights basis
- Scrip Code: 512070
- ISIN: INE628A01036
- Distinctive Number ranges: 889627005-889630554 (3,550 shares) and 889958089-889958249 (161 shares)
- Status: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
- Trading members are permitted to trade in these new securities from the effective date
- No additional compliance requirements specified
Important Dates
- Notice Date: November 26, 2025
- Trading Commencement Date: November 27, 2025 (Thursday)
Impact Assessment
The impact of this listing is minimal as it involves a small number of shares (3,711) resulting from conversion of partly paid shares to fully paid up. This is a routine corporate action with no significant impact on the overall market capitalization or trading dynamics of UPL Ltd. The shares being pari-passu ensures equal rights with existing shareholders.
Impact Justification
Routine listing of small number of shares (3,711) from conversion of partly paid shares; minimal market impact due to small quantity.