UPL Limited — Capital/Financing Update 2026

Jan 8, 2026

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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

January 8, 2026

BSE Limited Mumbai

National Stock Exchange of India Ltd Mumbai

SCRIP CODE: 512070

SYMBOL: UPL

Sub: Incorporation of UPL GCC LATAM S.A.S in Colombia

Dear Sir / Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that Company has, today i.e., January 8, 2026, received confirmation from UPL Colombia S.A.S, a step-down subsidiary of the Company regarding completion of all legal and administrative formalities in connection with the incorporation process of new step-down subsidiary of the Company, viz. UPL GCC LATAM S.A.S.

The requisite disclosure as required under SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 read with SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 are as under: -

		/ Madam,	/ Madam,
		to Regulation 30 of the SEBI (Listing Obligations		and Disclosure Req	uirements) Regul
		EBI Listing Regulations”), we hereby inform you thaconfirmation from UPL Colombia S.A.S, a step-d		t Company has, todown subsidiary of t	ay i.e., January 8,he Company reg
		on of all legal and administrative formalities in connn sbsidiar of the Coman viz UPL GCC LATAM		ection with the incorSAS	poration process
		uy py, .		...
		isite disclosure as required under SEBI circularer 11, 2024 read with SEBI/HO/CFD/CFD-PoD-2/CI		No. SEBI/HO/CFD/R/P/2024/185 dated	PoD2/CIR/P/0155December 31, 20
		: -
SN		Particulars		Details
1	Name of the target entity, details in briefsuch as size, turnover, history of last 3years turnover, etc.Industry to which the entity beingacquired belongs and brief backgroundabout the entity acquired in terms ofproducts/line of business acquired andDate of Incorporation.	Name of the target entity, details in briefuch as size turnover history of last 3	Name – U	PL GCC LATAM S.A	.S (“UPL GCC”).
2	Whether the acquisition would fall withinrelated party transaction(s) and whetherthe promoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether thesame is done at “arm’s length”.		UPL GCC, is a step-down subsidiary of UPLCorporation Limited in which the Company holds77.80%. The incorporation is not a related partytransaction.The promoter / promoter group / group companiesdo not have anydirect / indirect interest.
3	Objects and effects of acquisition(including but not limited to, disclosure ofreasons for acquisition of target entity, ifits business is outside the main line ofbusiness of the listed entity)		UPL GCC is incorporated to provide BusinessManagement Activities and to be a Shared ServiceCenter.
		jecs an eecs o acqusonincluding but not limited to, disclosure of	Managem	s ncorporaeent Activities and to	prove usnebe a Shared Servi
		easons for acquisition of target entity, ifts business is outside the main line of	Center.
		usiness of the listed entity)
		red Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P		+91 260 2432716 CIN: L	24219GJ1985PLC025

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 orregulatory approvals required for theacquisition	No other regulatory approvals are required for theinvestment.
5	Indicative time period for completion ofthe acquisition	Not Applicable.
6	Nature of consideration - whether cashconsideration or share swap and detailsof the same. Cost of acquisition or theprice at which the shares are acquired.	Initial capital subscription ~$2.65K in Cash.
7	Percentage of shareholding / controlacquired and / or number of sharesacquired	100% shares are held by UPL COLOMBIA S.A.S.
8	Country in which the acquired entity haspresence and any other significantinformation(in brief)	Colombia.

Thanking you,

Yours faithfully, For UPL Limited Sandeep Digitally signed by Sandeep Mohan Mohan Deshmukh Date: 2026.01.08 Deshmukh 14:58:35 +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