UPL Limited has informed the stock exchanges of a Board of Directors meeting scheduled for Monday, May 11, 2026, pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting has been convened to consider, approve, and take on record the audited consolidated and standalone financial results of the company for the financial year ended March 31, 2026, and to consider and recommend dividend, if any.

Board Meeting and Capital Markets Day Details

Alongside the board meeting, UPL Limited has also scheduled its Capital Markets Day FY26 on the same date. The key details of both events are outlined below:

The Capital Markets Day event will be held in Mumbai and will be accessible to investors and analysts through a live webcast. Interested participants can register at the link provided by the company through its exchange filing.

Trading Window Closure

In line with applicable regulations, UPL Limited has also communicated the status of its trading window. As conveyed through the company's letter dated March 30, 2026, the trading window for dealing in securities of the company remains closed for all Designated Persons from March 31, 2026. The trading window will continue to remain closed until 48 hours after the financial results are disseminated to the stock exchanges.

The intimation was filed by Sandeep Deshmukh, Company Secretary and Compliance Officer (ACS-10946), on May 4, 2026. The communication has been addressed to BSE Limited and the National Stock Exchange of India Ltd., with copies marked to the London Stock Exchange, Singapore Stock Exchange, and NSE IX.

UPL Limited has announced a further investment in its associate entity Sinova Inovacoes Agricolas S.A. through its step-down subsidiary United Phosphorus Holdings Brazil B.V. The company received intimation regarding an agreement for this additional investment, which has been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sinova, formerly known as Sinagro Produtos Agropecuarios S.A., is a major reseller of grains and agricultural products with a significant presence in Brazil's Cerrado savanna region. The entity was incorporated and operates exclusively in Brazil. Sinova's audited turnover figures show USD 849.00Mn, USD 417.00Mn, and USD 329.00Mn across recent periods.

Investment Details

The proposed investment involves UPL investing approximately USD 86.70Mn (BRL 450.00Mn) in Sinova. The transaction is classified as a related party transaction since Sinova is an associate company held by UPL Brazil. The promoter, promoter group, and group companies do not have any direct or indirect interest in the acquisition, which is being conducted at arm's length.

Strategic Rationale

The equity infusion is intended to address working capital requirements and reduce debt at Sinova. The associate plays an important role in promoting and reselling UPL products in one of Brazil's main agricultural regions, the Cerrado savanna. Following this investment, Sinova will continue to be classified as an associate under applicable accounting standards, as UPL will not exercise control over the entity.

This strategic investment reinforces UPL's commitment to strengthening its presence in the Brazilian agricultural market through its established distribution network and partnerships in the region.