UPL will be investing Rs 118 crore for 1167Percentage Equity Shares of Weather Risk Management Services WRMS post dilution of existing shares WRMS is an associate of the Company with an existing investment of 321Percentage UPL had invested in June 2016 as an early-stage investor to support WRMSs growth and also capitalise on potential strategic benefits to UPL WRMSs services are complimentary to UPLs digital foray Post acquisition UPLs share in WRMS will be 40Percentage post dilution of existing shares
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