UPL Acquires Sustainable Tech Inc in US Expansion into Aquatics and Environmental Solutions
UPL Limited, through its international subsidiary, has completed the acquisition of Sustainable Tech Inc, a company focused on water treatment and environmental solutions. The purchase solidifies UPL’s presence within specialized agricultural technology sectors globally.The target entity, Sustainable Tech Inc, was incorporated on July 14, 2026, and operates within the Agro Chemical industry. The focus of acquisition is the aquatics business sector, concentrating on methods for controlling aquatic plants and algae in water systems.
The acquisition was finalized on July 27, 2026. Sustainable Tech Inc will operate as a step-down subsidiary under UPL NA Inc., which operates within UPL's international Crop Protection business structure based in Cayman. UPL holds a 77.78% shareholding in the entity through this operation.
The transaction involved acquiring 100% of the shares of Sustainable Tech Inc, holding the company with cash consideration amounting to US $1. The purchase is noted as not being a related party transaction, and neither the promoter nor any group companies hold direct or indirect interest in the acquired entity.
Key details regarding the acquisition are summarized below:
| Particulars | Details |
|---|---|
| Target Company Name | Sustainable Tech Inc |
| Industry of Target | Agro Chemical |
| Date of Incorporation (Target) | July 14, 2026 |
| Nature of Business Acquired | Aquatics business focusing on water treatment and environmental solutions (controlling aquatic plants and algae) |
| Completion Date | July 27, 2026 |
| Consideration Paid | US $1 in cash |
| Shareholding Acquired | 100% by UPL NA Inc. |
UPL Stock Price Movement
Shares of UPL Limited are shedding value, having slipped 1.60% as of 12:54 PM, currently trading at ₹598.75. The stock has seen active intraday movement, with over 863,115 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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