UPL
UPL Limited
NSELast Traded Price
₹571
-7.1 (-1.23%)
Open
₹580
High
₹580.05
Low
₹569.55
Prev Close
₹578.1
Industry
Pesticides & Agrochemicals
Market Cap
48202.07 Cr
Filing History
Recent corporate announcements and filings for UPL
Governance
Negative
2026-08-26 15:42
CRITICAL RED FLAG DETECTED
- Mr. Toshan Tamhane, Group Chief Operating Officer (KMP) of UPL Limited, has resigned to pursue entrepreneurial ventures. He will cease to be an employee from the close of business hours on August 31, 2026.
Business Update
Positive
2026-08-15 02:21
- UPL's subsidiary Advanta Holdings B.V. is acquiring 99.98% of Misr Hytech Seed International S.A.E. (Hytech Egypt) for ~US$110 Mn.
- This strategic acquisition aims for leadership in Middle East and Africa seed markets.
- Completion by January 31, 2027, pending anti-trust approvals.
Business Update
Positive
2026-08-14 11:31
- S&P Global Ratings revised the credit rating outlook for UPL Corporation Limited (a wholly owned subsidiary of UPL Limited) from “Stable” to “Positive”.
- S&P affirmed the 'BB' long-term issuer credit rating and 'BB' issue rating on its senior unsecured notes.
- The revision is based on expectations of sustained earnings and disciplined financial policy.
Business Update
Neutral
2026-08-10 19:18
- UPL to participate in Analyst / Institutional Investor Meets:
- Equirus Annual India Conference on Friday, August 14, 2026.
- Motilal Oswal 22nd Annual Global Investor Conference on Tuesday, August 18, 2026.
Business Update
Neutral
2026-08-06 11:43
- UPL announced the availability of the transcript for its Q1 FY2027 Earnings Conference Call.
- The call was held on August 3, 2026, discussing financial results for the quarter ended June 30, 2026.
- The transcript can be accessed on the company's website.
Governance
Neutral
2026-08-04 08:58
- Mr. Mike Frank steps down as CEO of UPL Corporation Limited effective August 31, 2026.
- Mr. Jai Shroff, Group Chairman & CEO, will lead the Global Crop Protection business.
- Mr. Sameer Tandon and Mr. Ashish Dobhal are appointed as Presidents for APAC, Africa, Europe, and Americas, respectively, with expanded global mandates. The changes aim for continuity and agility.
Business Update
Neutral
2026-08-03 19:54
- Audio recording of the Earnings Call for Q1 FY27, held on August 3, 2026, for the quarter ended June 30, 2026, is available on the company's website.
Governance
Negative
2026-08-03 17:26
CRITICAL RED FLAG DETECTED
- Mr. Mike Frank, Chief Executive Officer of UPL Corporation Limited and Senior Management Personnel, is resigning due to personal commitments, effective August 31, 2026. He served for four and a half years.
Governance
Neutral
2026-08-03 15:40
- Board meeting concluded on August 3, 2026, at 03:30 P.M (IST).
- The Board approved the unaudited Consolidated and Standalone financial results for the quarter ended June 30, 2026.
Financials
Positive
2026-08-03 15:22
- Consolidated Revenue ₹10,181 Cr vs ₹9,255 Cr (▲10% YoY)
- EBITDA ₹1,500 Cr vs ₹1,304 Cr (▲15% YoY)
- EBITDA Margin 14.7% vs 14.1% (▲60bps)
Financials
Neutral
2026-08-03 15:19
- Consolidated Revenue ₹10,181 Cr vs ₹9,216 Cr (▲10.5% YoY)
- EBITDA ₹1,358 Cr vs ₹1,405 Cr (▼3.3% YoY)
- PAT ₹(73) Cr vs ₹(176) Cr (Loss reduced YoY)
- EBITDA Margin 13.3% vs 15.2% (▼190bps)
- Company recognized ₹55 Cr under Other Income from an arbitral award.
- Tax proceedings are ongoing against three overseas subsidiaries by Indian tax authorities for AY 2014-15 to AY 2020-21; the company believes it has strong grounds to succeed.
Business Update
Positive
2026-08-01 11:16
- UPL Limited announced the completion of the Swap Transaction and ESOP Swap Transaction on July 31, 2026, as preparatory steps for its Composite Scheme of Arrangement.
- The Scheme aims to consolidate the India Crop Protection Business and Global Crop Protection Business under a single entity, UPL Cayman 1, for simplified ownership and aligned shareholder interests.
- Competition Commission of India (CCI) approval for the Scheme was received on June 3, 2026.
- These transactions do not result in any material change to the Company's consolidated financial statements or benefit promoters.
Business Update
Positive
2026-07-29 20:56
- UPL Limited received "no adverse observations" from BSE and "No Objection" from NSE on July 29, 2026, for its Composite Scheme of Arrangement involving UPL and its subsidiaries.
- This enables the company to file the draft scheme with NCLT.
- The scheme remains subject to other regulatory approvals and compliance with detailed disclosure and compliance advisories from the exchanges.
- The observation letter is valid for six months for NCLT submission.
Business Update
Positive
2026-07-29 20:36
- UPL Brasil, a subsidiary of UPL Limited, is divesting its entire stake in Bioplanta Nutrição Vegetal Indústria e Comércio S.A., a Joint Venture.
- Bioplanta reported a net loss of USD 3.1 Mn and negative net worth of USD 8.2 Mn for FY2025.
- The divestment is for a nominal consideration of USD 20, expected to be completed by July 31, 2026.
Business Update
Positive
2026-07-28 12:25
- UPL Limited's step-down subsidiary, UPL NA Inc., acquired 100% shares of Sustainable Tech Inc., USA, for a cash consideration of US $1.
- Sustainable Tech Inc. operates in the aquatics business, focusing on water treatment and environmental solutions.
- The acquisition was completed on July 27, 2026, and is not a related party transaction.
Financials
Neutral
2026-07-27 19:49
- Board Meeting scheduled for Monday, August 3, 2026, to consider and approve unaudited consolidated and standalone financial results for Q1 FY27 (quarter ended June 30, 2026).
- Earnings Call to discuss Q1 FY27 performance is scheduled for Monday, August 3, 2026, from 16:30 hrs IST.
- The trading window for Designated Persons remains closed from June 30, 2026, until 48 hours after results dissemination.
Ownership
Neutral
2026-07-22 16:17
- Demuric Holdings Private Limited (UPL promoter group) acquired 18,07,64,622 equity shares (21.41%) of UPL Limited through an internal amalgamation of its wholly-owned subsidiaries. This consolidates shareholding within the group, without changing ultimate beneficial ownership or control.
Governance
Positive
2026-07-15 21:46
- UPL's 42nd Annual General Meeting (AGM) is scheduled for August 6, 2026, at 01:30 p.m. IST via video conferencing.
- The enclosed FY26 Annual Report showed consolidated revenue up 11% to ₹51,839 crore and EBITDA up 18% to ₹9,588 crore.
Routine
Neutral
2026-06-29 11:19
- Trading window for dealing in company securities closed for Designated Persons from June 30, 2026.
- Closure is for finalization of unaudited financial results for the quarter ended June 30, 2026.
- Window will reopen 48 hours after results are declared.
Financials
Positive
2026-06-25 18:18
- CARE Ratings Limited revised UPL Limited's Long Term Credit Rating from CARE AA; Stable to CARE AA+; Stable.
- Short Term Credit Rating was reaffirmed at CARE A1+.
Governance
Positive
2026-06-25 12:21
- 42nd Annual General Meeting (AGM) scheduled for Thursday, August 6, 2026, at 01:30 p.m. (IST).
- Record Date for the final dividend of 300% (Rs. 6/- per share) for FY 2025-26 is Friday, July 17, 2026.
Routine
Neutral
2026-06-25 12:16
New Filing detected. See link for details.
Business Update
Positive
2026-06-01 14:52
UPL Limited, through its step-down subsidiary Advanta Seed International, acquired 100% of the newly incorporated Advanta Investment Limited for US$1 on May 28, 2026. This acquisition aims to identify and invest in technology and IP related ventures aligned with UPL's seeds business. The transaction is not a related party transaction.
Business Update
Neutral
2026-05-15 16:40
UPL Limited announced that the transcript of its Capital Markets Day 2026, held on May 11, 2026, in connection with the audited consolidated and standalone financial results for the financial year ended March 31, 2026, is now available on the company's website.
Business Update
Neutral
2026-05-12 18:49
UPL Limited announced the availability of the audio/video recording of its Capital Markets Day 2026, held on May 11, 2026. The event discussed the audited consolidated and standalone financial results for the financial year ended March 31, 2026. The recording is accessible on the company's website.
Governance
Neutral
2026-05-11 13:34
UPL Limited's Board of Directors has approved the re-appointment of Ms. Naina Lal Kidwai (DIN: 00017806) as a Non-Executive, Independent Director for a second term of five consecutive years. Her re-appointment is effective from October 01, 2026, up to and including September 30, 2031, subject to the approval of the Company's members.
Financials
Positive
2026-05-11 13:27
Consolidated Revenue for Q4FY26 was ₹18,335Cr vs ₹15,538Cr (▲18% YoY), EBITDA was ₹3,646Cr vs ₹3,227Cr (▲13% YoY). Profit Before Tax (PBT) increased by 37% YoY. EBITDA Margin was 19.9% vs 20.8% (▼90bps). The company reported a strong Q4 and record FY26 performance, beating guidance on all metrics and deleveraging the balance sheet.
Financials
Positive
2026-05-11 13:23
UPL Limited's Board of Directors approved the audited consolidated and standalone financial results for the financial year ended March 31, 2026. The Board recommended a dividend of 300%, equivalent to Rs. 6/- per equity share of Rs. 2/- each, which will be paid within 30 days of the upcoming Annual General Meeting (AGM) after shareholder approval. The statutory auditors issued an unmodified audit report on the financial results.
Financials
Positive
2026-05-11 13:21
UPL Limited's Board of Directors approved the audited consolidated and standalone financial results for the financial year ended March 31, 2026. The Board recommended a dividend of 300% (Rs. 6/- per equity share of Rs. 2/- each). The audited subsidiaries reported total revenue (before consolidation adjustments) of Rs. 57,513 crores and net profit after tax (before consolidation adjustments) of Rs. 4,580 crores. The Group's share of net loss after tax from associates and joint ventures was Rs. 115.21 crores for the year.
Routine
Neutral
2026-05-04 20:38
New Filing detected. See link for details.
Business Update
Negative
2026-04-25 15:26
UPL Brazil to invest ~USD 86.7Mn in associate Sinova Inovacoes Agricolas S.A. for working capital and debt. Holding increases from 49.97% to 55.81%. Sinova's turnover drastically declined from USD 849Mn in 2023 to USD 329Mn in 2025.
Ownership
Positive
2026-04-07 18:14
Nerka Chemicals Private Limited, promoter of UPL Limited, declared holding 28,29,09,144 equity shares of UPL Limited as on 31st March 2026. The filing confirms that no equity shares held by the promoter group were encumbered as of that date.
Governance
Neutral
2026-04-01 13:06
Mr. Farokh Hilloo, UPL's Chief Commercial Officer (Crop Protection business), superannuated on March 31, 2026, after over 35 years of service. He will continue his association with UPL as a strategic advisor, ensuring a smooth transition.
Governance
Neutral
2026-03-31 19:58
UPL Limited held an Extraordinary General Meeting on March 31, 2026, via video conference. Shareholders approved 11 ordinary resolutions concerning various material related party transactions with its subsidiaries and associate entities, all passed with requisite majority.
Routine
Neutral
2026-03-30 19:14
UPL Limited announced the closure of its trading window for Designated Persons from March 31, 2026. This is in connection with the finalization of audited financial results for the quarter and year ended March 31, 2026, and potential dividend recommendation. The window will reopen 48 hours after results are declared.
Governance
Neutral
2026-03-09 21:43
UPL Limited announced an EGM on March 31, 2026, to seek shareholder approval for various material related party transactions for FY 2026-27, including sales of materials and functional support services to subsidiaries/associates with transaction limits up to ₹6,000 Cr, and a corporate guarantee of up to USD 1.3 billion for UPL Corporation Limited, Mauritius.
Business Update
Neutral
2026-03-04 18:02
UPL Limited has uploaded the Composite Scheme of Arrangement, Joint Valuation Report, Fairness Opinion, and FAQs on its website for shareholders. This scheme involves UPL and its subsidiaries and was previously approved by the Board on February 20, 2026.
Business Update
Positive
2026-02-20 19:17
UPL Limited filed an investor presentation on February 20, 2026, outlining a strategic group reorganization. The reorganization aims to elevate shareholder value, simplify the organizational structure, and strengthen the balance sheet.
Business Update
Neutral
2026-02-20 17:23
UPL Limited announced an Analyst/Institutional Investor meeting on February 21, 2026, to discuss the outcome of a Board Meeting held on February 20, 2026, regarding a Strategic Group Reorganization.
Business Update
Positive
2026-02-20 15:46
UPL's Board approved a Composite Scheme of Arrangement to simplify its structure, creating two listed entities: UPL 1 (diversified agro & specialty chemicals) and UPL 2 (dedicated crop protection). This involves amalgamation and demerger, aiming for clearer value discovery and operational efficiency. Merger 1's appointed date is April 1, 2026.
Business Update
Positive
2026-02-20 15:40
UPL's Board on Feb 20, 2026, approved a Composite Scheme of Arrangement to simplify its structure. It involves amalgamating UPL SAS into UPL 1, demerging India Crop Protection Business to UPL 2, and amalgamating UPL Cayman into UPL 2. This aims to create two listed entities (UPL 1 diversified, UPL 2 focused on crop protection) for enhanced value and capital efficiency.
Ownership
Negative
2026-02-19 19:17
UPL Limited forfeited and cancelled 2,64,278 partly paid-up equity shares of face value Rs. 2 each. This action was taken because holders failed to pay the call money on these shares following a Rights Issue.
Financials
Neutral
2026-02-06 11:17
UPL Limited announced the transcript of the Earnings Conference Call for Q3 and 9M FY 2026 (period ended December 31, 2025) is available on its website. The call was held on February 02, 2026.
Routine
Neutral
2026-02-05 23:43
New Filing detected. See link for details.