UPL Limited — Others, 30-12-2024: Copy of Newspaper Publication

UPL Limited has announced a board meeting for the basis of allotment of its rights issue of equity shares. The company successfully opened the rights issue on December 5, 2024, closing on December 17, 2024. Out of 56,242 applications, 54,536 were valid, amounting to 17,85,35,502 shares, which is 100.28% of the shares offered. A total of 9,37,92,629 shares will be allotted, with trading expected to commence on BSE and NSE from December 30, 2024. This issuance reflects a strong shareholder response and may foster positive sentiment among investors, signaling confidence in the company's future growth.