Fast Track Rights Issue

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.

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