UPL Limited — Capital/Financing Update 2025

Jul 9, 2025

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UPL Limited , Uniphos House, C.D. Marg, 11[th] Road, Madhu Park, Khar (West), Mumbai – 400052, India

w: www.upl-ltd.com e: contact@upl-ltd.com t: +91 22 6856 8000

July 9, 2025

BSE Limited Mumbai

National Stock Exchange of India Ltd Mumbai

SCRIP CODE: 512070/890209

SYMBOL: UPL/UPLPP1

Sub: Investment in Wuhan Advanta Seeds Company Limited

Dear Sir / Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), it is hereby informed that the Company has received an intimation today i.e. July 9, 2025, about entering into an agreement for acquisition of shares in a Company viz. Wuhan Advanta Seeds Company Limited (“Advanta China”) by a step-down subsidiary viz., Advanta Seeds International Mauritius.

The details as required under SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFDPod1/P/CIR//2023/123 dated 13[th] July 2023 are as under: -

SN	Particulars	Details
1	Name of the target entity, details in brief such as size, turnover, history of last 3 years turnover, etc. Industry to which the entity being acquired belongs and brief background about the entity acquired in terms of products/line of business acquired and Date of Incorporation.	Name – Wuhan Advanta Seeds Company Limited (“Advanta China”) Turnover - Not applicable (Newly incorporated company). Industry – Seeds and related business. Date of Incorporation – June 25, 2024
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”.	Advanta China would be a step-down subsidiary at Advanta Seed structure under Advanta Enterprises Limited, India in which the Company holds 74.69% shareholding. The current acquisition is not a related party transaction. The promoter / promoter group / group companies do not have anydirect / indirect interest.
3	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	Advanta China is acquired to carry out seeds and related business.

Registered Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P +91 260 2432716 CIN: L24219GJ1985PLC025132

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UPL Limited , Uniphos House, C.D. Marg, 11[th] Road, Madhu Park, Khar (West), Mumbai – 400052, India

w: www.upl-ltd.com e: contact@upl-ltd.com t: +91 22 6856 8000

SN	Particulars	Details
4	Brief details of any governmental or regulatory approvals required for the acquisition	No other regulatory approvals are required for the investment.
5	Indicative time period for completion of the acquisition	Acquisition will be completed on or before 30th September, 2025.
6	Nature of consideration - whether cash consideration or share swap and details of the same. Cost of acquisition or the price at which the shares are acquired.	USD 4,200
7	Percentage of shareholding / control acquired and / or number of shares acquired	100%
8	Country in which the acquired entity has presence and any other significant information(in brief)	China

Thanking you, Yours faithfully, For UPL Limited

Sandeep Digitally signed by Sandeep Mohan Mohan Deshmukh Date: 2025.07.09 Deshmukh 15:30:56 +05'30' Sandeep Deshmukh Company Secretary and Compliance Officer (ACS-10946)

Registered Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P +91 260 2432716 CIN: L24219GJ1985PLC025132