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Uniphos Enterprises LimitedImportant, 27-12-2024: General Updates

27-12-2024 | 02:28 pm

Uniphos Enterprises Limited has completed an inter-se transfer of 10 lakh equity shares, representing 0.12% of the paid-up share capital, in UPL Limited to Nerka Chemicals Private Limited. This transfer follows the approval received from shareholders during the AGM held on September 20, 2024. Post-transfer, Uniphos now holds 43,459,378 shares in UPL, which accounts for 5.15% of UPL’s paid-up share capital. This adjustment reflects a strategic move within the promoter group, which collectively holds a 33.50% stake in UPL. Investors should monitor the implications of these shareholding changes as they may influence control dynamics within the company.

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