UPL Limited has received an intimation on June 26, 2024 about issuance of certificate of incorporation with regards to a new wholly-owned subsidiary viz. UPL Agri Mauritius Limited effective 21st June 2024. Industry ­ Chemicals including agro-chemicals, agri-commodity and other related products.

Date of Incorporation ­ 21st June 2024. The Company is incorporated to carry out trading of chemicals including agro-chemicals, agri- commodity and other related products. As UPL has different business verticals, separate trading company is incorporated to take care of separate business vertical.

UPL Limited expects to invest upto USD 10 million in line with the business plan in the form of equity or any other security/form as may be deemed appropriate in various tranches.