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Shares of Advanta will remain in focus ahead of its merger with UPL, as the stock will turn ex-date on August 1. Advanta shareholders will get one equity share and three preference shares of UPL for every share held in the company on the record date (August 2). Advanta had earlier said that it’s merging with the agrochemical major as part of a strategy to provide agri-solutions through a single entity and enhance shareholder value.
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