Mumbai, Feb. 23 -- The company announced restructuring plan to consolidate its India and international crop protection businesses into a new listed entity, UPL Global Sustainable Agri Solutions (UPL Global).

Under the scheme, UPL will first amalgamate UPL Sustainable Agri Solutions (SAS) with itself. This will be followed by a vertical demerger of its India crop protection business into UPL Global, along with the amalgamation of UPL Corp, which houses the international crop protection business, into UPL Global.

UPL Global Sustainable Agri Solutions will be listed on stock exchanges and will house both the India and international crop protection platforms upon completion of the proposed steps.

Meanwhile, the domestic brokerage has downg...