Description

NSE notification for listing of 1,877 equity shares of UPL Limited resulting from conversion of partly paid-up shares to fully paid-up shares, effective December 09, 2025.

Summary

National Stock Exchange of India has notified the listing of 1,877 equity shares of UPL Limited resulting from the conversion of partly paid-up equity shares to fully paid-up equity shares. The securities will be admitted to dealings on the Capital Market segment with effect from December 09, 2025. The shares have ISIN INE628A01036, face value of Rs. 2/-, and will trade in market lot of 1 share. The shares are pari passu with existing equity shares and have no lock-in restrictions.

Key Points

  • Total shares listed: 1,877 equity shares
  • Breakdown: 222 shares (distinctive nos. 889630555 to 889630776) and 1,655 shares (distinctive nos. 889958250 to 889959904)
  • Security type: Conversion of partly paid-up equity shares to fully paid-up equity shares
  • ISIN: INE628A01036 (permanent ISIN)
  • Face value and paid-up value: Rs. 2/- each
  • Market lot size: 1 share
  • Trading symbol: UPL
  • Series: EQ (Equity)
  • Pari passu: Yes (equal status with existing shares)
  • Lock-in: Not Applicable

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Trading members must use designated security codes for trading these securities
  • Securities to be traded in specified lot sizes (market lot of 1)
  • Dematerialized shares initially credited under temporary ISIN IN8628A01019 in accordance with SEBI circulars CIR/MRD/DP/21/2012 (dated August 02, 2012) and CIR/MRD/DP/24/2012 (dated September 11, 2012) regarding activation of ISIN for additional issue of shares/securities

Important Dates

  • Circular Date: December 08, 2025
  • Effective Date: December 09, 2025 (listing and trading commencement)
  • Circular Reference: NSE/CML/71690, Circular Ref. No. 2375/2025

Impact Assessment

Market Impact: Minimal. This is a routine corporate action involving conversion of partly paid-up shares to fully paid-up shares for a small quantity (1,877 shares). The shares represent a negligible fraction of UPL’s total equity capital and will have no material impact on liquidity, trading volumes, or stock price.

Operational Impact: None for investors or trading members. The shares will be seamlessly integrated into regular trading operations using existing symbol UPL. No special trading arrangements or restrictions apply as shares are pari passu with existing equity and have no lock-in period.

Impact Justification

Routine administrative listing of small number of shares (1,877) from conversion of partly paid-up to fully paid-up equity shares. No material impact on trading or market operations.