Nerka Chemicals raises stake in UPL Limited through inter-se transfer

Nerka Chemicals Private Limited has informed stock exchanges of an acquisition of 980,000 voting shares in UPL Limited on August 26, 2025. This transaction, classified as an inter-se transfer between promoter and promoter group, has increased Nerka Chemicals' total voting rights in UPL Limited by 0.12%.

Prior to this acquisition, Nerka Chemicals held 179,784,622 shares, representing 21.29% of UPL's total voting capital. Following the acquisition, their holding now stands at 180,764,622 shares, or 21.41% of the total voting capital.

The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. UPL Limited's shares are listed on BSE Limited and the National Stock Exchange of India Limited, with GDRs listed on the London Stock Exchange (IOB) and Singapore Stock Exchange.