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UPL Limited ( (IN:UPL) ) has provided an update.
UPL Limited’s step-down subsidiary, UPL Limited, Hong Kong, has acquired the remaining 25% stake in UPL Agro Limited for a cash consideration of USD 17.86 million, making UPL Agro a wholly owned subsidiary. The transaction, completed on January 8, 2026 and not classified as a related-party deal, consolidates UPL’s control over Yoloo (Laoting) Biotechnology Limited in China, strengthening its direct ownership of a business that generated consolidated revenue of USD 91.55 million in March 2025 and reinforcing its strategic position in the Chinese crop protection and agri-chemicals market.
More about UPL Limited
UPL Limited is an India-headquartered agrochemicals company operating through subsidiaries such as UPL Agro Limited and Yoloo (Laoting) Biotechnology Limited. Through these entities, the group focuses on marketing, promotion, manufacturing, distribution and commercialization of crop protection and other agri-chemical products, with a notable operational footprint in China and presence via a step-down structure in Hong Kong.
Average Trading Volume: 104,776
Technical Sentiment Signal: Buy
Current Market Cap: 674B INR
For a thorough assessment of UPL stock, go to TipRanks’ Stock Analysis page.