UPL gets BSE and NSE nod for composite scheme of arrangement

Demerger Ratio AnnouncedStrategic Transactions View source PDF Explain this filing

UPL · price

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Price reaction · full curve 14 horizons · vs prior close

-0.8%1-day move

₹607.45

prior close

₹609.95

base price

After-mkt

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AI summary

UPL Limited received no adverse observations from BSE and no objection from NSE on July 29, 2026 for its composite scheme of arrangement. The scheme involves amalgamation of UPL Sustainable Agri Solutions and UPL Crop Protection Holdings into UPL, along with demerger into a new listed entity UPL Global Sustainable Agri Solutions. A share exchange ratio is specified in the scheme. Next step is filing with NCLT within 6 months. Scheme remains subject to other regulatory and creditor approvals.

Likely market impact

Key regulatory milestone achieved; scheme moves closer to NCLT approval. Share exchange ratio and final structure still to be detailed.