UPL approves final call on rights issue shares at ₹180 per share

Published 28/07/2025, 11:20
UPL approves final call on rights issue shares at ₹180 per share

MUMBAI - UPL Limited announced Monday that its Rights Issue Committee has approved the second and final call on partly paid-up equity shares at ₹180 per share, representing 50% of the total issue price of ₹360.

The final call amount consists of ₹1.00 toward paid-up value and ₹179.00 toward premium, according to a company statement. The committee has set Friday, August 1, 2025, as the record date to determine eligible shareholders who will receive the final call notice.

This decision follows the company’s previous announcement from November 20, 2024, when the Rights Issue Committee approved terms for the issuance of 9,38,25,955 partly paid-up equity shares.

The final call is part of UPL’s rights issue process that began last year, where the company offered shares to existing shareholders at a predetermined price. Initially, investors paid a portion of the share value, with the remainder to be paid in subsequent calls.

The information was disclosed through a regulatory filing, based on a company press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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