UPL has received an intimation on November 22, 2023, about issuance of certificate of incorporation with regards to new step-down subsidiary viz. Advanta Seeds (Pty) in South Africa effective November 21, 2023. Advanta Seeds (Pty) would be a step-down subsidiary at Advanta Seed structure under Advanta Enterprises, India in which the company holds 86.67%. The company has incorporated subsidiary to carry out seeds and related business, upon infusion of share capital in due course.
UPL is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.
Learn more at https://www.bseindia.com/xml-data/corpfiling/AttachHis/a96f3803-17f6-4586-b81b-00b2858afa51.pdf
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