The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Demuric Holdings Pvt Ltd

DEMURIC HOLDINGS PRIVATE LIMITED Regd. Off : Shed A 2/1, G. I. D.C., Vapi, Dist. Valsad, Gujarat – 396 195 Admn. Off : C/o Kanta Niwas, C. D. Marg, Madhu Park, 11th Road, Khar (w), Mumbai - 52. Tel No.0260-2414200/ 68568000 Fax Nos. 2604 1010/0303 Email-info@demuric.com Website- www.demuric.com CIN: U46201GJ1986PTC027312 Date: July 22, 2026 BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers, Limited, Dalal Street, 5th Floor, Exchange Plaza, Mumbai 400001 Bandra Kurla Complex, Bandra East, Mumbai 400051 Subject: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Ref: Target Company (TC) – UPL Limited (BSE Scrip Code: 512070) (NSE Symbol: UPL) Dear Sir/Madam, Pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the disclosure in the specified format. Kindly take the same on records. Thanking You. For Demuric Holdings Private Limited Name: Rajnikant Shroff Designation: Director DIN: 00180810 Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 UPL Limited Name of the Target Company (TC) BSE Scrip Code: 512070 NSE Symbol: UPL Demuric Holdings Private Limited Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Whether the acquirer belongs to Promoter/Promoter group BSE Limited Name(s) of the Stock Exchange(s) where the shares of TC National Stock Exchange of India Limited are Listed Number % % w.r.t. total w.r.t.total diluted Details of the acquisition / disposal as follows share/voti share/voting ng capital capital of the wherever TC (**) applicable Before the acquisition under consideration, holding of Acquirer: a) Shares carrying voting rights 52,28,343 0.62% 0.62% b) Shares in the nature of encumbrance (pledge/ lien/ -- -- -- non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by equity shares -- -- -- d) Warrants/convertible securities/any other -- -- -- instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category e) Total (a+b+c+d) 52,28,343 0.62% 0.62% Details of acquisition a) Shares carrying voting rights acquired/sold 18,07,64,622 21.41% 21.41% b) VRs acquired/sold otherwise than by shares -- -- -- c) Warrants/convertible securities/any other -- -- -- instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released by the -- -- -- acquirer e) Total (a+b+c+/-d) 18,07,64,622 21.41% 21.41% After the acquisition/sale, holding of Acquirer: a) Shares carrying voting rights 18,59,92,965 22.03% 22.03% b) Shares encumbered with the acquirer Public c) VRs otherwise than by equity shares -- -- -- d) Warrants/convertible securities/any other -- -- -- instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Shares in the nature of encumbrance (pledge/ lien/ -- -- -- non-disposal undertaking/ others) f) Total (a+b+c+d) 18,59,92,965 22.03% 22.03% Acquisition pursuant to Scheme of Mode of acquisition / sale (e.g. open market / off-market / Amalgamation public issue / rights issue / preferential allotment / inter-se transfer etc). 21 July 2026 Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable Rs. 1,68,83,38,636/- divided into 844169318 Equity share capital / total voting capital of the TC before Equity Shares of Rs. 2/- each the said acquisition / sale Rs. 1,68,83,38,636/- divided into 844169318 Equity share capital/ total voting capital of the TC after Equity Shares of Rs. 2/- each the said acquisition / sale Rs. 1,68,83,38,636/- divided into 844169318 Total diluted share/voting capital of the TC after the Equity Shares of Rs. 2/- each said acquisition For Demuric Holdings Private Limited Name: Rajnikant Shroff Designation: Director DIN: 00180810 Date: 22/07/2026 Place: Mumbai Public