UPL Preps Seeds Unit Advanta Ent for FY25 IPO
The report also stated that UPL is probably going to use the money from the Advanta Ent issuance to reduce its debt.
Source: indiainfoline.com
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UPL plans to launch IPO of its seeds business, Advanta Ent, in early FY25: Report
The company plans to divest nearly 10 -12 percent stake the subsidiary.
Source: moneycontrol.com
UPL becomes first agrochemical company to enter Dow Jones Sustainability Index (DJSI)
In a filing to the stock exchanges, UPL stated that the company has made it to the Dow Jones Sustainability Index (DJSI) after its outstanding performance on sustainability parameters. It is the first agrochemical company included in the esteemed Dow Jones Sustainability World and Emerging Markets Indices (DJSI).
Source: cnbctv18.com
KKR completes Rs 2,474-crore investment in UPL agritech arm
UPL has announced the completion of an investment of Rs 2,474 crore by global investment firm KKR for 13.33 per cent stake in Advanta Enterprises, agritech arm of UPL, formerly known as United Phosphorus Ltd.
Source: webindia123.com
UPL Limited announces KKR's Rs 2,474 cr investment in Advanta Enterprises
This is a part of the larger corporate realignment exercise announced in October 2022 to create four distinct business platforms.
Source: freepressjournal.in