Acquisition

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 15, 2026 BSE Limited National Stock Exchange of India Ltd Mumbai Mumbai SCRIP CODE: 512070 SYMBOL: UPL Sub: Acquisition of Misr Hytech Seed International S.A.E., an Egyptian entity by Advanta Holdings Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Company has received an intimation today, i.e. August 15, 2026, at 02:00 AM., regarding the acquisition of equity interest in Hytech Egypt USA LLC (“Hytech USA”) by our step-down subsidiary, Advanta Holdings B.V. (“Advanta BV”). Hytech USA is a holding company and controls Misr Hytech Seed International S.A.E. (“Hytech Egypt”), which is the operating target entity ultimately being acquired by Advanta BV through the acquisition of Hytech USA. Accordingly, the details set out below pertain to Hytech Egypt. 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 Name – Misr Hytech Seed International S.A.E. such as size, turnover, history of last 3 Turnover – years turnover, etc. Financial Year* Turnover (in USD Industry to which the entity being FY 2023 ~34.9 acquired belongs and brief background FY 2024 ~37.6 about the entity acquired in terms of FY 2025 ~25.7 products/line of business acquired and *September to August Date of Incorporation. Industry – Agricultural, seeds industry Date of Incorporation – 25 September 1993 2 Whether the acquisition would fall within Advanta BV is a step-down subsidiary of Advanta related party transaction(s) and whether Enterprises Limited, which is a part of UPL’s Seeds the promoter/ promoter group/ group and Post Harvest segment under the platform companies have any interest in the entity “Advanta”, in which UPL Limited effectively holds being acquired? If yes, nature of interest 78.21% shareholding. The current acquisition is not a and details thereof and whether the related party transaction. same is done at “arm’s length”. 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 SN Particulars Details The promoter / promoter group / group companies do not have any direct / indirect interest. 3 Objects and effects of acquisition The acquisition of Hytech Egypt is fundamentally a (including but not limited to, disclosure of strategic platform acquisition that gives Advanta an reasons for acquisition of target entity, if immediate leadership position in one of the largest and its business is outside the main line of fastest-growing seed markets in the Middle East and business of the listed entity) Africa in white and yellow corn. 4 Brief details of any governmental or Following anti-trust approvals are required prior to regulatory approvals required for the closing of the transaction: acquisition (a) COMESA Competition and Consumer Commission (b) Egyptian Competition Authority 5 Indicative time period for completion of On or before 31 January 2027 the acquisition 6 Nature of consideration - whether cash Cash consideration of ~ US$110 Mn, subject to the consideration or share swap and details terms and conditions including closing adjustments in of the same. Cost of acquisition or the the Equity Purchase Agreement. price at which the shares are acquired. 7 Percentage of shareholding / control Upon completion of the transaction, Advanta BV will acquired and / or number of shares hold 99.98% of the shareholding in Hytech Egypt. acquired Thanking you, Yours faithfully, For UPL Limited Sandeep Deshmukh Company Secretary and Compliance Officer (ACS-10946) Registered Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P +91 260 2432716 CIN: L24219GJ1985PLC025132