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UPL approves composite scheme of arrangement

UPL has approved a composite scheme of arrangement aimed at corporate restructuring. Following the announcement, UPL shares fell 1.66%, indicating potential volatility and trading opportunities for investors.

pre-market1 source ↓written by the desknot a recommendation

following the announcement
1.66%

UPL has approved a composite scheme of arrangement, a significant step in its corporate restructuring. This move is expected to streamline operations and enhance shareholder value. Traders should monitor UPL's stock performance closely, as such corporate actions can lead to increased volatility and trading opportunities.

• Stock impact: UPL shares fell 1.66% following the announcement.

• Market sentiment: This approval may influence investor confidence in the company moving forward.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Feb 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

UPL closed −14.3% on the day of the news, from ₹752.35 to ₹644.80; Nifty +0.6% over the same session; futures OI +17.1%.

Bulletin at 07:10 IST on 21 Feb 2026. Every change is measured from ₹752.35, the last close before it, on 20 Feb. Nifty 50 is measured over the same sessions.

  • UPL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
UPL closes around the bulletin against the close before the news, with Nifty 50 rebased to it614.10723.40832.70axis spans 36%before the news · 20 Feb752.35Nifty 50UPLbulletinD0+1+3+516 Feb26 Feb10 MarFutures open interest, lotspeak 28,000Reference close ₹752.35. 16 sessions from 16 Feb to 10 Mar; the price axis spans 36 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Feb₹752.35basebase
On the day23 Feb₹644.80▼ −14.3%▲ +0.6%−14.8 pp difference
+1 session24 Feb₹630.55▼ −16.2%▼ −0.6%−15.6 pp difference
+3 sessions26 Feb₹640.45▼ −14.9%▼ −0.3%−14.6 pp difference
+5 sessions2 Mar₹622.85▼ −17.2%▼ −2.8%−14.4 pp difference
Gap at the open, % · ₹
▼ −5.0%−37.62 on 23 Feb
Day's range, % · ₹
12%≈ 89 high to low
Volume on the day
8.78×the 20-session average
Futures OI on the day
▲ +17.1%+4,000 lots · short build-up · price −14.3%
Futures OI open, lots
27,00023 Feb · 24 Feb expiry
Futures premium, ₹
−0.70−0.1% to spot
Puts per call, by OI
0.58from 0.72 the session before
Max pain
690from 740 the session before

Source NSE UDiFF bhavcopy · UPL on the desk →

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