REG - UPL Limited - Outcome of Rights Issue Committee Meeting

UPLAnnouncement

24/01/2025 15:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250124:nRSX6705Ua&default-theme=true

RNS Number : 6705U  UPL Limited  24 January 2025

UPL LIMITED

 

 

Sub:  Outcome of the Meeting of Rights Issue Committee of the Board held on

24(th) January, 2025

 

Dear Sir / Madam,

 

This is with reference to our intimation dated 20(th) November, 2024 in
relation to the outcome of the meeting of the Rights Issue Committee of the
Board ("Rights Issue Committee") held on 20(th) November, 2024 approving
various terms of the Rights Issue and the Letter of Offer for issue of
9,38,25,955 partly paid-up Equity Shares.

 

In this regard, we wish to inform you that the Rights Issue Committee of the
Board of Directors at its meeting held today i.e 24(th) January, 2025, has
approved making of the first call on partly paid-up equity shares of 25% of
issue price of ₹ 360 per share i.e ₹ 90 per share (comprising ₹ 0.50
towards paid-up value and ₹ 89.50 towards premium) and has fixed Thursday,
30(th) January, 2025 as the Record Date for the purpose of ascertaining the
holders of partly paid-up equity shares to whom the first call notice would be
sent.

 

The links for the disclosure is mentioned below: -

 

https://nsearchives.nseindia.com/corporate/UPL_24012025202006_UPLFirstCall.pdf
(https://nsearchives.nseindia.com/corporate/UPL_24012025202006_UPLFirstCall.pdf)

 

We request you to take note of the same.

 

Thanking you,

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CIRPKQBKPBKDPDB