UPL Limited — M&A Activity 2026

Jun 1, 2026

UPL

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

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

June 1, 2026

BSE Limited
Mumbai
National Stock Exchange of India Ltd
Mumbai

SCRIP CODE: 512070
SYMBOL: UPL

Sub: Investment in Advanta Investment Limited

Dear Sir / Madam,

Pursuant to Regulation 30 of the 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. June 1, 2026, about acquisition of shares in a Company viz. Advanta Investment Limited by our step-down subsidiary in Mauritius, Advanta Seed International.

The requisite disclosure as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-PoD2/I/3762/2026 dated January 30, 2026, is 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 – Advanta Investment Limited (“Advanta Investment”).
Turnover – Not applicable (Newly incorporated company).
Industry – Distribution and investment.
Date of Incorporation – May 28, 2026.
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 Investment would be a step-down subsidiary under Advanta Enterprises Limited, India in which the Company currently holds 78.21% shareholding. The current acquisition is not a related party transaction.
The promoter / promoter group / group companies do not have any direct / 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 Investment would identify and invest in technology and IP related ventures which would directly or indirectly be related to the seeds 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, 11th 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	The acquisition was completed on May 28, 2026.
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.	The Company had been incorporated with a minimum capital of US$1 and it was acquired in Cash for the same value.
7	Percentage of shareholding / control acquired and / or number of shares acquired	100% shares are held by Advanta Seed International.
8	Country in which the acquired entity has presence and any other significant information (in brief)	Cayman Islands.

Thanking you,

Yours faithfully,

For UPL Limited

Sandeep Deshmukh
Company Secretary and
Compliance Officer
(ACS-10946)

Digitally signed by
Sandeep Mohan
Deshmukh
Date: 2026.06.01
14:41:48 +05'30'

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