BSECompany Update3 Aug 2026 · 3 Aug 2026, 05:24 pm
Please find enclosed letter dated August 03, 2026
UPL Ltd · 512070
✦ AI SummaryMgmt Change
UPL Ltd announces the departure of its CEO, Mike Frank, who will relocate back to the US due to personal commitments. Frank will conclude his tenure on August 31, 2026, after a successful four-and-a-half-year stint. He will work closely with the senior management team to ensure a smooth transition.
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Growth Catalyst3/10
Governance Concern2/10
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Balance Sheet Risk1/10
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UPL Ltd - 512070 - Announcement under Regulation 30 (LODR)-Change in Management
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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
August 3, 2026
BSE Limited National Stock Exchange of India Ltd.
Mumbai Mumbai
SCRIP CODE – 512070 SYMBOL: UPL
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Change in Senior Management Personnel
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform that Mr. Mike Frank (aged 61 years), Chief Executive Officer
of UPL Corporation Limited and a member of the ‘Senior Management Personnel’ of the UPL
Group, has decided to relocate back to the United States in view of his personal commitments.
Accordingly, his association with the UPL Group will conclude with effect from August 31, 2026
after completing a successful tenure of four and a half years.
A copy of the letter received from Mr. Mike Frank is enclosed herewith.
During his tenure, Mr. Mike provided strong strategic leadership and played a significant role in
advancing UPL's transformation journey through a sharper focus on innovation, customer
centricity, operational excellence and sustainability. His leadership has strengthened the
Company's global crop protection business and further reinforced UPL's commitment to delivering
differentiated solutions that create long-term value for farmers, customers and other stakeholders
worldwide.
Mr. Mike will work closely with the senior management team to ensure a smooth transition of
responsibilities and continued seamless functioning of the Company's operations.
The Management places on record its sincere appreciation for his valuable contributions and
wishes him success in his future endeavours.
We request you to take the above information on records.
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
Date: August 3, 2026
To: Chairman and Board of Directors UPL Corporation Limited
After much thought and reflection, I have decided that the time is right to bring my tenure as Chief
Executive Officer of UPL Corporation Limited to a close, in view of my personal priorities and
commitments. My final date will be August 31, 2026.
Serving as CEO of UPL Corporation has been one of the most fulfilling experiences of my career.
It has been a privilege to work alongside such a talented team and to contribute to the Company's
growth and success. I am deeply grateful to the Board, my colleagues, and all employees for their
trust and support throughout this journey. As I bring this chapter to a close, I do so with immense
pride in what we have achieved together and with great confidence in the future of UPL
Corporation. I will always cherish my association with UPL and the relationships built over the
years. I want to thank each of you for your support and guidance.
I strongly believ~ that UPL's ongoing strategic initiatives and business plans will create significant
long-term value for all stakeholders.
I wish UPL continued success in the years ahead.
Thank you,
Mike Frank