Joint Venture20 Feb 2026, 03:46 pm
UPL Ltd Announces Composite Scheme of Arrangement to Simplify Holding Structure
AI Summary
UPL Ltd has approved a Composite Scheme of Arrangement to amalgamate UPL SAS and UPL Cayman with UPL 2, creating a focused, pure-play crop protection platform. This will enable clearer value discovery, independent capital raising, and business opportunities for UPL 1 and UPL 2. The Scheme is expected to drive sustainable growth and long-term value creation for all stakeholders.
Key Highlights
- UPL Ltd has approved a Composite Scheme of Arrangement to amalgamate UPL SAS and UPL Cayman with UPL 2.
- This will create a focused, pure-play crop protection platform under UPL 2.
- UPL 2 will be listed on Indian stock exchanges pursuant to the Scheme.
- The Scheme is expected to drive sustainable growth and long-term value creation for all stakeholders.
- The Scheme will simplify the group structure by aligning business operations and interests of various shareholders.