Description
NSE suspends trading of UPL Limited's partly paid-up equity shares (UPLPP1) effective August 1, 2025 due to second & final call.
Summary
NSE has announced the suspension of trading for UPL Limited’s partly paid-up equity shares (Symbol: UPLPP1, ISIN: IN9628A01026) effective from August 1, 2025. The suspension is due to the second & final call on these partly paid-up shares.
Key Points
- Trading suspension applies only to partly paid-up equity shares of UPL Limited
- Symbol: UPLPP1 with ISIN IN9628A01026
- Suspension reason: Second & final call on partly paid-up shares
- Action taken under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A
Regulatory Changes
No regulatory changes - this is an operational suspension under existing regulations.
Compliance Requirements
- Members must cease trading in UPLPP1 shares from August 1, 2025
- No trading allowed after closing hours of July 31, 2025
Important Dates
- July 30, 2025: Circular issued
- July 31, 2025: Last day of trading (closing hours)
- August 1, 2025: Suspension becomes effective
Impact Assessment
Limited impact as this affects only the partly paid-up equity shares of UPL Limited, not the regular fully paid equity shares. Investors holding UPLPP1 shares will be unable to trade these securities from August 1, 2025 onwards due to the final call process.
Impact Justification
Affects specific partly paid-up shares of UPL Limited, not the main equity shares