UPL Limited has successfully completed the secondary listing of its existing Global Depository Receipts (GDRs) programme on NSE IX, effective January 30, 2026. UPL is the first issuer to achieve this milestone on NSE IX, a permissible jurisdiction under SEBI Regulations. The present GDR programme is primarily listed on Singapore Stock Exchange Ltd (SGX) and also admitted to trading on the International Order Book (IOB), London Stock Exchange’s (LSE) electronic trading platform for GDRs.
GDR Listing on NSE IX
UPL Limited has announced the secondary listing of its Global Depository Receipts (GDRs) on the National Stock Exchange (NSE) IX platform. The listing became effective on January 30, 2026, marking a significant step for the company. UPL Limited is the first company to complete a secondary listing of GDRs on NSE IX.
Details of the GDR Programme
The existing GDRs are already listed on the Singapore Stock Exchange (SGX) and are traded on the International Order Book (IOB) of the London Stock Exchange (LSE). The secondary listing on NSE IX provides an additional platform for investors. The number of GDRs is 2,70,80,276 as of September 9, 2025. The ISIN is US90320U1152.
NSE IFSC Limited Approval
The listing was approved by NSE IFSC Limited, in accordance with their byelaws and the International Financial Services Centres Authority (Listing) Regulations, 2024. The approval underscores the adherence to regulatory standards and frameworks. It was confirmed that the GDRs are listed and admitted to trading on the Exchange w.e.f. January 30, 2026 in pursuance of Byelaws (1) & (2) of Chapter III of Byelaws of NSE IFSC Ltd
Source: BSE
