UPL board to meet on December 22 to consider fundraising

As per the insider trading rules by the Securities and Exchange Board of India (SEBI), the trading window for dealing in the securities of the company is closed from December 19 to December 24 (both days inclusive) for the 'designated persons', the company informed the bourses.

Last week, UPL announced that Dow Jones included the company in its sustainability and emerging market indices — Dow Jones Sustainability Index (DJSI) — after its outstanding performance on sustainability parameters.

This was the first agrochemical company included in the esteemed Dow Jones Sustainability World and Emerging Markets Indices (DJSI).

With annual revenues of more than $6 billion, UPL is one of the largest agriculture solutions firms. Its portfolio comprises biological and traditional crop protection solutions with over 14,000 registrations. It has a presence in over 130 countries.

UPL reported a net loss of ₹189 crore in the July-September quarter of the current financial year FY24 against a CNBC-TV18 poll estimate of ₹324 crore profit. Besides, revenue declined to ₹10,170 crore against the street estimate of ₹10,811 crore.

At 9.28 AM, shares of UPL Ltd were trading 0.31% higher at ₹600.3 apiece on the BSE.