REG - UPL Limited - Allotment of Securities

UPLAnnouncement

20/12/2024 17:30

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RNS Number : 0093R  UPL Limited  20 December 2024

UPL LIMITED

 

 

 

Sub: Outcome of Rights Issue Committee Meeting - Allotment of Securities

 

The Rights Issue Committee at its meeting held today i.e. Friday, 20(th)
December, 2024, inter-alia, considered and approved the allotment of
9,37,92,629 partly paid-up Equity Shares at an issue price of ₹ 360 per
Equity Share (including a premium of ₹ 358 per Equity Share) to eligible
equity shareholders of which ₹ 90 per Equity Share (including a premium of
₹ 89.50 per Equity Share has been paid on application ("Allotment") and the
balance amount shall be payable on one or more additional calls with terms and
conditions such as the number of calls and the timing and quantum of each call
as may be decided by the Board / Rights Issue Committee from time to time.
Further, allotment of 33,326 Rights Equity Shares has been kept in abeyance
pending regulatory/other clearances.

 

Links:

 

https://www.bseindia.com/xml-data/corpfiling/AttachLive/9dbd0845-8b18-46ed-bea1-c0e179f0860c.pdf
(https://www.bseindia.com/xml-data/corpfiling/AttachLive/9dbd0845-8b18-46ed-bea1-c0e179f0860c.pdf)

 

We request you to take note of the same.

 

Thanking you,

 

 

 

 

 

 

 

 

 

 

 

 

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