India Pesticides Limited (IPL) has received in-principle approval from the National Stock Exchange (NSE) for the listing of up to a maximum of 2,879,088 equity shares of ₹1 each. These shares are to be issued under the India Pesticides Employee Stock Option Plan 2023.

The approval letter from NSE, dated January 12, 2026, references ref no: NSE/LIST/51913. The company has also provided the necessary documentation, including a statement under Regulation 10(b) of SEBI (Share Based Employee Benefits) Regulations, 2014.

IPL has been granted this in-principle approval subject to fulfillment of several listing conditions. These include notifying the Exchange after allotment and credit to beneficiaries' accounts, obtaining all statutory and other approvals, and complying with SEBI (LODR) Regulations, 2015, and applicable company laws. The NSE reserves the right to withdraw this approval if any submitted information is found to be incomplete, incorrect, misleading, or false.

The information regarding this in-principle approval is also available on the company's website, www.indiapesticideslimited.com.