UPL Rights Issue Details, Record Date, Issue Price, Subscription

UPL Rights Issue details are released UPL plans to issue 9,38,25,955 equity shares amounting to Rs 3,377.73 crores. UPL Rights issue price is Rs 360 per share, and the face value is Rs 1 per share.

UPL Rights Issue open date is December 5, 2024 and closes on December 17, 2024. UPL rights issue entitlement ratio is 1: 8, which is 1 Rights equity Shares for every 8 fully paid up equity shares.

The UPL Rights Issue record date is November 26, 2024. The last date to buy shares of UPL is November 25, 2024. Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement, offer price, terms of payment, live subscription and bidding updates will be available soon.

UPL Rights Issue Allotment date is 24 December, Credit date is 30 December and Listing date is 1 January 2025. The register for the UPL Rights Issue is Link Intime India Private Limited.

The book-running lead managers are Axis Bank, BNP Paribas, JP Morgan India Private Limited, JM Financial Limited and Morgan Stanley India Private Limited.The listing will be at NSE, and the terms of payment are the full amount payable on the application.

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UPL Rights Issue Details

UPL Rights Issue details, UPL plans to issue 9,38,25,955 equity shares amounting to Rs 3,377.73 crores. UPL Rights issue price is Rs 360 per share, and the face value is Rs 1 per share. The rights issue entitlement ratio is 1: 8, which is 1 Rights equity Shares for every 8 fully paid up equity shares.

UPL Rights Issue Dates

UPL Rights Issue open date is December 5, 2024 and closes on December 17, 2024. The UPL Rights Issue record date is November 26, 2024. The last date to buy shares of UPL is November 25, 2024. 

UPL Rights Issue Objectives

UPL Rights Issue objective is to raise funds from the existing shareholders. The funds received from this issue will be utilised for the repayment of the past borrowings taken by the company. The remaining money will be used for general corporate purposes.

UPL Rights Issue Subscription

Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement, offer price, terms of payment, live subscription and bidding updates will be available soon.

UPL Limited: About Company

UPL Limited was incorporated in 1985, which manufactures and sells agriculture chemicals, seeds, industrial chemicals, pesticides etc.

UPL Limited is a leading player in the field of agricultural solutions and offers innovative products and services across the crop lifecycle. Its offering includes fungicides, herbicides, seeds and agronomic services for farmers.

UPL Limited has expanded its portfolio beyond crop protection and now also offers post-harvest solutions and animal health products, such as veterinary vaccines.

UPL divided the business into three segments - crop protection, seeds and non-agro. It leverages strengths such as a comprehensive and a diversified range of product portfolio. Also by keeping a good track record of R&D and product development capabilities, diversified global manufacturing presence.

UPL Limited Financials (in crore)

UPL Limited reported a revenue of Rs 43,581 crore and net loss of Rs -1,878 crore. The company’s revenue decreased by -19.37% and profit after tax dropped by -142.55% between the FY ending with March 31, 2024 and March 31, 2023.

UPL Rights Issue Registrar

UPL Limited registrar is Link Intime India Private Limited. The book-running lead managers are Axis Bank, BNP Paribas, JP Morgan India Private Limited, JM Financial Limited and Morgan Stanley India Private Limited.

FAQs

1. What are the details of the UPL Rights Issue?

UPL Rights Issue details, UPL plans to issue 9,38,25,955 equity shares amounting to Rs 3,377.73 crores. UPL Rights issue price is Rs 360 per share, and the face value is Rs 1 per share. The rights issue entitlement ratio is 1: 8, which is 1 Rights equity Shares for every 8 fully paid up equity shares.

2. UPL Rights Issue open and close date?

UPL Rights Issue open date is December 5, 2024 and closes on December 17, 2024. The UPL Rights Issue record date is November 26, 2024. The last date to buy shares of UPL is November 25, 2024.

3. How can I apply for the UPL Rights Issue?

You can apply for the Rights Issue once it opens for a subscription. Just visit the registrar's website to apply for the rights issue online.

4. What is the entitlement ratio for the UPL Right Issue?

UPL rights issue entitlement ratio is 1: 8, which is 1 Rights equity Shares for every 8 fully paid up equity shares.

5. How can I check the UPL Issue Allotment Status?

The registrar for this upcoming rights issue is not yet announced. Investors can check out the allotment by visiting the registrar's website.

6. What is the UPL Rights Issue record date?

 The UPL Rights Issue record date is November 26, 2024. The last date to buy shares of UPL is November 25, 2024.

7. What is the listing date of the UPL Right Issue ?

UPL Rights Issue listing date is 1 January 2024 and will be listed on the NSE.

8. Who is the registrar and lead managers of UPL Right Issue?

UPL Limited registrar is Link Intime India Private Limited. The book-running lead managers are Axis Bank, BNP Paribas, JP Morgan India Private Limited, JM Financial Limited and Morgan Stanley India Private Limited. 

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