Listing of further issue of UPL Limited - Partly Paid Equity Shares

Description

NSE notifies listing of 906 partly paid equity shares of UPL Limited effective July 31, 2025.

Summary

NSE has notified the listing of 906 partly paid equity shares of UPL Limited under symbol UPLPP1, effective July 31, 2025. These are equity shares of Rs. 2/- each with Re. 1/- paid-up, issued under ISIN IN9628A01026.

Key Points

• 906 partly paid equity shares to be listed under symbol UPLPP1
• Face value: Rs. 2/- each with Re. 1/- paid-up
• Market lot size: 1 share
• Shares are pari passu with existing equity shares
• No lock-in restrictions applicable
• Temporary ISIN IN8628A01035 used for dematerialized shares initially

Regulatory Changes

None. This is a routine listing notification under existing NSE Capital Market Trading Regulations.

Compliance Requirements

• Trading members must use designated security code UPLPP1 for trading
• Trading must be conducted in specified lot sizes
• Shares currently under temporary ISIN will be transferred to permanent ISIN as per SEBI guidelines

Important Dates

• Effective Date: July 31, 2025
• Circular Date: July 30, 2025

Impact Assessment

Minimal market impact expected given the small number of shares (906) being listed. This appears to be a routine further issue related to existing corporate actions or employee stock options. The partly paid nature suggests these may be related to a rights issue or similar corporate action.

Impact Justification

Routine listing notification for small number of partly paid shares with limited market impact