NSEChange in Management3 Aug 2026 · 3 Aug 2026, 05:25 pm

Change in Management

UPL Limited · UPL

✦ AI SummaryMgmt Change

UPL Limited has announced the departure of its Chief Executive Officer, Mike Frank, who will relocate back to the US due to personal commitments, effective August 31, 2026, after a four-and-a-half-year tenure.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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Full Announcement

UPL Limited has informed the Exchange about change in Management

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UPL_03082026172505_ChangeinSMP.pdf

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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