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Foreign investment in UPL reaches trigger limit

28 Aug 2014

Reserve Bank of India has notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in UPL has reached the trigger limit. Accordingly, further purchases of equity shares of this company would be allowed only after obtaining the Reserve Bank's prior approval.

UPL (formerly United Phosphorus) is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.

UPL Share Price

704.40 -13.50 (-1.88%) Oct 22, 18:01
1 Year Price Chart
Peers
Company Name CMP
UPL 704.40
BASF India 3342.45
PI Industries 3031.80
Bayer CropScience 5029.30
Sumitomo Chemical India 389.25
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Sensex vs UPL
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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