Description
UPL Ltd's 7,46,133 equity shares arising from conversion of partly paid shares to fully paid up shares will be available for trading from January 22, 2026.
Summary
BSE has permitted trading in 7,46,133 new equity shares of UPL Ltd (Scrip Code: 512070) arising 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, January 22, 2026, and are pari-passu with the existing equity shares of the company.
Key Points
- 7,46,133 new equity shares of UPL Ltd admitted to trading
- Shares arising from conversion of partly paid shares to fully paid up
- Face value: Rs. 2/- per share
- ISIN: INE628A01036
- Scrip Code: 512070
- Distinctive Numbers: 889960963-890393148 (4,32,186 shares) and 890393166-890707112 (3,13,947 shares)
- New shares are 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 effective January 22, 2026
- No additional compliance requirements specified
Important Dates
- Notice Date: January 21, 2026
- Trading Commencement Date: January 22, 2026
Impact Assessment
This is a routine corporate action with minimal market impact. The conversion of partly paid shares to fully paid shares represents completion of payment obligations by shareholders who had subscribed to the rights issue. The new shares being pari-passu means they carry the same rights and privileges as existing shares. The number of shares (7,46,133) represents a small fraction relative to UPL’s total equity base, resulting in negligible dilution impact on existing shareholders.
Impact Justification
Routine listing of shares from conversion of partly paid to fully paid shares. Limited market impact as shares are pari-passu with existing equity.