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Update regarding Composite Scheme of Arrangement

3rd Aug 2026 07:00

RNS Number : 8706O
UPL Limited
01 August 2026
 

UPL LIMITED

Sub: Update regarding Composite Scheme of Arrangement

 

Dear Sir/Madam,

 

We refer to our disclosure dated February 20, 2026, wherein UPL Limited (the "Company") informed the exchanges of the decision of its Board of Directors approving a Composite Scheme of Arrangement amongst the Company, UPL Sustainable Agri Solutions Limited, UPL Global Sustainable Agri Solutions Limited ("UPL 2"), UPL Crop Protection Holdings Limited ("UPL Cayman 1") and their respective shareholders.

 

In this regard, we would like to inform you that: (a) the Company had received CCI approval for the Scheme and the transactions contemplated thereunder on June 3, 2026; and (b) the Swap Transaction has been completed on July 31, 2026. The effectiveness of the Scheme remains subject to fulfilment of other 'conditions precedent' as set out in the Scheme. Further, the ESOP Swap Transaction (as contemplated under Clause 2.4.2 of the Scheme) has also been completed on July 31, 2026.

 

Link:

https://www.bseindia.com/xml-data/corpfiling/AttachLive/a987bd48-40f9-42dc-ab2f-973d1fff7b12.pdf

 

We request you to take note of the same.

 

Thanking you.

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Upl Limited
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