UPL Limited - Updates on Subsidiary

UPL Ltd has informed BSE that UPL Corporation Limited, a wholly owned subsidiary of UPL Limited, based in Mauritius, has sold its shares held in Villa Crop Protection (Pty) Limited to an affiliate of Land O Lakes Inc., an American company. UPL Corporation owned 19.22% of the shares in Villa Crop Protection (Pty) Limited. For sale of the shares, UPL Corporation has received approximately Rs. 22 crores.