UPL Limited — Others, 01-08-2025: Monitoring Agency Report

UPL has received the Monitoring Agency Report for its Rights Issue proceeds, confirming there is no deviation in how the funds are being utilized. The company raised ₹3,377.74 crore from the Rights Issue to repay borrowings, cover general corporate needs, and issue-related expenses. The report for the latest quarter verifies that funds are deployed as disclosed, with ₹1,485.1 crore used for debt repayment and ₹165.5 crore for general corporate purposes including vendor payments and advance tax. A small balance of ₹8.1 crore remains from issue expenses. This ensures transparency and aligns with investor expectations.