UPL Limited has announced the forfeiture and cancellation of 2,64,278 partly paid-up equity shares due to non-payment of call money by shareholders. The Rights Issue Committee approved this action following the company's earlier warning to shareholders regarding potential forfeiture.

Forfeiture Details

The company disclosed the following details regarding the share forfeiture:

Background and Process

The forfeiture follows a structured process initiated by the company in November 2025. On November 27, 2025, UPL had informed the stock exchanges that the Rights Issue Committee had approved the issuance of Final Reminder Cum Forfeiture Notices to holders of partly paid-up equity shares.

These notices were sent to shareholders who had not paid the required call money, which included:

• First Call amounts
• Second and Final Call amounts
• Both call amounts in some cases

The notices clearly warned shareholders that failure to pay the outstanding call money along with applicable interest would result in forfeiture of their partly paid-up equity shares, including the amounts already paid on these shares.

Regulatory Compliance

UPL made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed both BSE Limited (Scrip Code: 512070) and National Stock Exchange of India Limited (Symbol: UPL) about this corporate action.

The forfeiture and cancellation of these partly paid-up equity shares represents the completion of the process that began with the reminder notices issued in November 2025, demonstrating the company's adherence to regulatory procedures for handling unpaid call money situations.

UPL Limited has made the transcript of its earnings conference call for Q3 and nine months FY2026 available on its website, following the submission of its investor presentation to stock exchanges. The earnings call was held on February 2, 2026, in connection with the company's unaudited consolidated and standalone financial results for the quarter and nine months period ended December 31, 2025.

Earnings Call Transcript Availability

The company informed BSE Limited and National Stock Exchange of India on February 6, 2026, about the transcript availability through a regulatory filing under Regulation 30 read with Regulation 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Sandeep Deshmukh signed the communication, directing stakeholders to access the transcript on the company's investor relations section.

Regulatory Filing and Compliance

The transcript submission follows UPL's earlier filing of its comprehensive investor presentation on February 2, 2026, which covered consolidated financial results and business updates. The presentation included detailed financial and business segment analysis, covering key macro trends, performance updates, and platform-wise business reviews across UPL's diversified business operations.

Comprehensive Financial Disclosure

The earnings call transcript provides stakeholders with detailed insights into UPL's quarterly performance discussions, complementing the earlier investor presentation that covered revenue analysis, contribution margins, EBITDA performance, and balance sheet metrics. The company maintains transparency across all listing jurisdictions including BSE, NSE, London Stock Exchange, and Singapore Stock Exchange.

The availability of both the investor presentation and earnings call transcript ensures comprehensive disclosure of UPL's financial condition, results of operations, and strategic direction for the quarter and nine months period, providing stakeholders with complete access to management discussions and financial performance analysis.