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UPL Sustainable Agri Solutions receives equity infusion of Rs 1580 cr

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Capital Market

From ADIA,TPG and Brookfield

UPL announced the completion of investment of Rs 1,580 crore ($200 Mn) by ADIA,TPG and Brookfield for 9.09% stake in UPL Sustainable Agri Solutions (UPL SAS).

The fund inflow will be utilised towards committed debt reduction target of $500 Mn by the end of March'23.

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First Published: Feb 17 2023 | 2:17 PM IST

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