Following the investment, UPL Brazil’s shareholding in Sinova will increase from 49.97% to 55.81%. Despite the increase, Sinova will continue to be classified as an associate company as UPL will not exercise control.
Following the investment, UPL Brazil’s shareholding in Sinova will increase from 49.97% to 55.81%. Despite the increase, Sinova will continue to be classified as an associate company as UPL will not exercise control.