UPL Ltd Receives No Objection for Composite Scheme of Arrangement

UPL Limited has received observation letters from BSE Limited and the National Stock Exchange of India Limited regarding its Composite Scheme of Arrangement. This follows an earlier board approval and subsequent application to the exchanges. The letters indicate "no adverse observations" from BSE and "No Objection" from NSE, dated July 29, 2026. The scheme involves UPL Sustainable Agri Solutions Limited, UPL Limited, UPL Global Sustainable Agri Solutions Limited, and UPL Crop Protection Holdings Limited. While these are significant steps, the scheme is still subject to other applicable regulatory approvals. The company has also been advised by SEBI on various disclosure requirements related to the scheme, including ongoing proceedings, financial information, and valuation reports, to be shared with shareholders.