'Update on Rights Issue - Receipt of Second and Final Call money on the partly paid-up equity shares of the…
As filed · UPL Limited has informed the Exchange regarding 'Update on Rights Issue - Receipt of Second and Final Call money on the partly paid-up equity shares of the Company'.
CapitalWatchNotablemateriality 72 out of 100
What happened
FactUPL Limited has informed the Exchange regarding 'Update on Rights Issue - Receipt of Second and Final Call money on the partly paid-up equity shares of the Company'. to the eligible shareholders for payment of ₹180 per partly paid-up equity share, during the. We wish to inform you that the Company has received an amount of ₹1,671.79 crore,.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
Watch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%