JSA advised Lead Managers in relation to the Fast Track Rights Issue by UPL Limited

  • Deal
  • February 6, 2025

JSA advised Axis Capital Limited, BNP Paribas, J.P. Morgan India Private Limited, JM Financial Limited and Morgan Stanley India Company Private Limited in relation to the issue of up to 9,38,25,955 partly paid-up equity shares on a rights basis of UPL Limited (the “Company” and such Issue, the “Rights Issue”) aggregating up to INR 3,377.74 Crores.

Deal Value: Fast Track Rights Issue of up to 9,38,25,955 partly paid-up Equity Shares aggregating up to ₹ 3,377.74 Crores.

Our transaction team comprised of Lead Partner – Madhurima Mukherjee Saha, Principal Associate – Sagar Batra, and Associates – Bhavini Mohan, Richa Prasad, Harshita Agarwal, and Aryaman Singh.