The Board of Directors of UPL Limited at its meeting held on 1 November, 2022 noted and approved the following changes in the Board of Directors of the Company. Mr. Rajju Shroff (Founder of UPL) who is the Chairman and Managing Director has been holding these positions for over 50 years. Mr. Rajju Shroff is the founder director of UPL Limited and responsible for building UPL as the 5 largest crop protection company in the world.

Mr. Rajju Shroff, due to advancing age (90 years) has expressed his desire to step down from his dual responsibility as Chairman and Managing Director and now wishes to devote full time for social causes and focus on improving Indian agriculture and chemical industry. Mr. Rajju Shroff will become "Chairman Emeritus" of the Board, effective from 1 December, 2022.