3 Mar 2022 , 04:30 PM
In its regulatory filing, UPL Ltd., the agro-chemical major, announced that the company intends to sell off 49.98% equity stake in its non-operational subsidiary Agri Net Solutions Ltd (ANSL) to promotor group entity Nerka Chemicals for Rs1.75 crore.
This deal is expected to be completed by March 31, 2022. ANSL’s turnover was NIL in the previous financial year, while its net worth stood at Rs3.42 crore as of March 31, 2021, being 0.01% of the consolidated net worth of UPL.
UPL ended on a higher noter today at Rs720.35, up by Rs30.80 or 4.47% against its previous closing price of Rs689.55 on NSE. It touched the day’s high and low of Rs724.60 and Rs688.95 respectively.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.