Description
Listing of 1,877 equity shares of UPL Ltd pursuant to conversion of partly paid shares to fully paid up shares on rights basis, effective December 9, 2025.
Summary
BSE has approved the listing of 1,877 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. Trading in these new securities is permitted from December 9, 2025. The shares are pari-passu with existing equity shares.
Key Points
- Total new shares listed: 1,877 equity shares
- Face value: Rs. 2/- per share
- Reason: Conversion of partly paid shares to fully paid up shares on rights basis
- ISIN: INE628A01036
- Scrip Code: 512070
- Shares are pari-passu with existing equity shares of the company
- Distinctive Numbers: 222 shares (889630555-889630776) and 1,655 shares (889958250-889959904)
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are permitted to trade in the newly listed securities
- No specific compliance actions required from trading members
Important Dates
- Notice Date: December 8, 2025
- Trading Commencement Date: December 9, 2025
Impact Assessment
Minimal market impact. This is a routine administrative listing following the conversion of partly paid shares to fully paid up shares. The quantity of 1,877 shares is relatively small and unlikely to affect the trading dynamics or stock price of UPL Ltd. The shares carry the same rights as existing equity shares (pari-passu), ensuring no dilution of shareholder rights.
Impact Justification
Routine listing of small number of equity shares from conversion of partly paid shares. Minimal market impact due to small quantity (1,877 shares) relative to company size.