Net loss of UPL reported to Rs 384.00 crore in the quarter ended June 2024 as against net profit of Rs 166.00 crore during the previous quarter ended June 2023. Sales rose 1.16% to Rs 9067.00 crore in the quarter ended June 2024 as against Rs 8963.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales9067.008963.00 1 OPM %11.7913.57 - PBDT254.00617.00 -59 PBT-406.00-19.00 -2037 NP-384.00166.00 PL Powered by Capital Market - Live News

UPL announced that the 40th Annual General Meeting (AGM) of the company will be held on 27 August 2024.Powered by Capital Market - Live News

UPL will hold a meeting of the Board of Directors of the Company on 2 August 2024.Powered by Capital Market - Live News

Fitch Ratings (Fitch) on 06 June 2024 has revised the credit rating of UPL Corporation, wholly owned subsidiary of UPL. Fitch has downgraded UPL Corporation`s Long-Term Issuer Default Rating (IDR) to `BB`, from `BB+`. The Outlook is Negative. Fitch has also downgraded UPL Corp`s senior unsecured rating and the ratings on the senior unsecured notes to `BB`, from `BB+`. The senior unsecured notes have a Recovery Rating of `RR4`Powered by Capital Market - Live News

UPL has entered into a joint venture agreement with Aarti Industries for manufacturing and marketing of specialty chemicals that has applications in multiple downstream industries. UPL and Aarti Industries propose to initially invest Rs. 12.50 crore each, in equity share capital of Augene Chemical (proposed JV). Subsequently, over a period of about 24 months, it is proposed to invest Rs. 137.50 crore each in one or more tranches in the form of equity capital/preference share capital/debt.Post subscription by both UPL and Aarti Industries, their respective shareholding in ACPL will be 50%:50%Powered by Capital Market - Live News