upl step-down subsidiary UPL NA Inc has acquired 100% of Sustainable Tech Inc, USA, expanding the group’s footprint in the aquatics and water treatment sector. The acquisition was completed on July 27, 2026, for a cash consideration of US $1. This move integrates a specialized entity into UPL’s international Crop Protection business, which is structured under its Cayman operations where UPL effectively holds a 77.78% shareholding.

The transaction was disclosed to the BSE Limited and National Stock Exchange of India Ltd on July 28, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-PoD2/I/3762/2026 dated January 30, 2026. Sandeep Deshmukh, Company Secretary and Compliance Officer of UPL Limited, submitted the intimation on behalf of the company.

Sustainable Tech Inc, incorporated on July 14, 2026, operates in the Agro Chemical industry with a specific focus on the Aquatics business. Its core activities involve providing environmental solutions, including the control of aquatic plants and algae in water systems. As a newly incorporated entity, turnover data for the last three years is not applicable. No governmental or regulatory approvals were required for this investment.

The acquisition is not classified as a related party transaction. Neither the promoter group nor any group companies hold direct or indirect interest in Sustainable Tech Inc. The deal was executed at arm's length, ensuring compliance with regulatory standards for independent transactions.

Transaction Details

Strategic Context

The acquisition aligns with UPL’s strategy to diversify within its Crop Protection portfolio by entering distinct sectors such as water treatment. By acquiring Sustainable Tech Inc, UPL gains access to specialized capabilities in managing aquatic ecosystems, which complements its existing agrochemical offerings. The nominal consideration of US $1 reflects the recent incorporation of the target entity on July 14, 2026, just days before the acquisition closed. This structure allows UPL to establish a dedicated operational unit for its aquatics business under its established international framework.

UPL Limited has announced a Board of Directors meeting on Monday, August 3, 2026, to consider, approve, and take on record the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, along with the Limited Review Reports to be issued by the Statutory Auditors of the Company. The announcement was made pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q1 FY27 Earnings Call Details

In accordance with Regulation 30 of the SEBI Listing Regulations, UPL Limited has scheduled a conference call to discuss the company's performance for Q1 FY27, commencing at 16:30 hrs IST on Monday, August 3, 2026. The earnings presentation will be made available on the company's investor relations page at https://www.upl-ltd.com/investors/financial-results-and-reports/financial-results .

Participants can join the call using the dial-in details provided below:

Online registration for the call is available at: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=7687548&linkSecurityString=416aca1af0

For further information, participants may contact Anurag Gupta at anurag.gupta@upl-ltd.com .

Trading Window Closure

As communicated vide the company's letter dated June 29, 2026, the trading window for dealing in securities of UPL Limited remains closed for all Designated Persons from June 30, 2026. The trading window shall continue to remain closed until 48 hours after the financial results are disseminated to the stock exchanges.

About UPL

UPL Ltd. is a global provider of sustainable agriculture products and solutions, with annual revenue around $6 bn. Operating under the OpenAg® framework, the company focuses on accelerating progress for the food system. UPL's portfolio consists of biologicals and traditional crop protection solutions with more than 15,000 registrations, and the company is present in more than 140 countries, represented by more than 12,000 colleagues globally.