BSECompany Update4d ago · 29 Jul 2026, 08:33 pm
Please find enclosed letter dated July 29, 2026
UPL Ltd · 512070
✦ AI SummaryDivestiture
UPL Ltd has announced the sale of its entire stake in Bioplanta Nutrição Vegetal Indústria e Comércio S.A, a joint venture company, to MARINO JOSÉ FRANZ and MIGUEL VAZ RIBEIRO for USD 20 at a nominal consideration.
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Full Announcement
UPL Ltd - 512070 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
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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
July 29, 2026
BSE Limited National Stock Exchange of India Ltd
Mumbai Mumbai
SCRIP CODE: 512070 SYMBOL: UPL
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Sale of stake in Bioplanta Nutricao Vegetal,lndustria e Comercio S.A.,
a Joint Venture Company of UPL Limited
Dear Sir / Madam,
The Company has received an intimation on July 29, 2026 at 07.00 P.M. from UPL do Brasil Indústria e
Comércio de Insumos Agropecuários S.A., (“UPL Brasil”) a subsidiary of the Company, informing that it
has secured all the necessary approvals for divestment of its entire stake in Bioplanta Nutrição Vegetal
Indústria e Comércio S.A, a Joint Venture of the Company.
The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-Pod1/P/CIR//2023/123 dated 13th
July 2023 are enclosed as Annexure A.
We request you to take the same on record.
Thanking you,
Yours faithfully,
For UPL Limited
Sandeep Deshmukh
Company Secretary and
Compliance Officer
(ACS-10946)
Encl: As above
Registered Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P +91 260 2432716 CIN: L24219GJ1985PLC025132
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
Annexure A
Sr. Particulars Details
a. Name of the entity. Bioplanta Nutrição Vegetal Indústria e Comércio S.A,
(“Bioplanta”) is engaged in manufacture, sale,
The amount and percentage of the importation and exportation and tolling of fertilizers,
turnover or revenue or income and net agrochemicals (standard or biological), adjuvants,
worth contributed by such unit or agriculture inputs.
division or undertaking or subsidiary or
associate company of the listed entity Financial Details for FY 2025:
during the last financial year
Particulars Amt (USD Mn)
Revenue 7.1
Networth (8.2)
Profit/(Loss) (3.1)
Bioplanta, being an Associate of UPL Limited
(“UPL/the Company”) under IND AS, does not
contribute to the Consolidated Revenue from
Operations.
b. Date on which the agreement for sale UPL Brasil has secured all the regulatory approvals on
has been entered into July 29, 2026.
c. Consideration received from such As part of our focus on profitable growth and to
sale/disposal sharpen our portfolio, UPL Brasil is divesting its entire
stake in Bioplanta which has a negative networth at a
The expected date of completion of nominal consideration of USD 20.
sale/disposal
The transaction is expected to be completed on or
before July 31, 2026.
d. Brief details of buyers MARINO JOSÉ FRANZ and MIGUEL VAZ RIBEIRO,
Brazilian citizens and businessman.
e. Whether any of the buyers belong to Buyers do not belong to the promoter/promoter group/
the promoter/ promoter group/group group companies of the Company.
companies. If yes, details thereof;
Whether the transaction would fall The aforesaid transaction would not fall within the
within related party transactions? If ambit of related party transactions.
yes, whether the same is done at
“arm’s length”.
f. Whether the sale, lease or disposal of Not Applicable
the undertaking is outside Scheme of
Arrangement? If yes, details of the
same including compliance with
regulation 37A of LODR Regulations.
g. Additionally, in case of a slump sale, Not Applicable
indicative disclosures provided for
amalgamation/merger, shall be
disclosed by the listed entity with
respect to such slump sale.
Registered Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P +91 260 2432716 CIN: L24219GJ1985PLC025132