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UPL Limited's Rights Issue Committee of the Board, at its meeting on 24th January, 2025, approved making the first call on its partly paid-up equity shares. This call is for 25% of the issue price, equating to ₹90 per share (comprising ₹0.50 towards paid-up value and ₹89.50 towards premium), and Thursday, 30th January, 2025, has been fixed as the Record Date for ascertaining holders.
| Date | 24 Jan 2025 |
| Time | 15:09:42 |
| Category | Miscellaneous |
| ID | 6705U |
UPL LIMITED
Sub: Outcome of the Meeting of Rights Issue Committee of the Board held on
24th January, 2025
Dear Sir / Madam,
This is with reference to our intimation dated 20th November, 2024 in relation to the outcome of the meeting of the Rights Issue Committee of the Board ("Rights Issue Committee") held on 20th 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 24th 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, 30th 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
We request you to take note of the same.
Thanking you,