London Stock Exchange welcomes UPL Limited

UPL, founded in 1969 is the fifth largest agricultural solutions company worldwide, providing sustainable products and solutions for the entire food value chain.  UPL’s comprehensive portfolio consists of biologicals and traditional crop protection solutions, backed by over 13,600 registrations. UPL is present in more than 130 countries, with 40 manufacturing facilities and represented by more than 10,000 colleagues. The company has consistently delivered a revenue growth of over 15% per year over the last 13 years.

UPL is on a mission to reimagine sustainability across everything it does - developing and distributing solutions that secure our food future whilst safeguarding the environment. It is our firm belief that agriculture is an underappreciated resource and be an integral part of the solution to the climate crises. In 2021, the company was ranked as the highest performing top tier, global crop-protection company amongst its peers by Sustainalytics for the second year running.

UPL has recently launched Natural Plant Protection (NPP), a dedicated business unit for UPL’s bio-solutions portfolio as well as a scale up of nurture.farm, a digital platform for sustainable agriculture. UPL has also announced partnerships with the Climate Pledge and The FIFA Foundation, and launched the Gigaton Challenge.

UPL is admitting its GDR programme (presently listed on Singapore Stock Exchange) for trading on the International Order Book (IOB), London Stock Exchange’s electronic trading platform for Global Depositary Receipts. The market value of the GDRs being admitted is approximately GBP 451 million. 

Jai Shroff, Global Chief Executive Officer of UPL Limited, said:

“We are delighted to be joining the London Stock Exchange and believe this will provide us an opportunity to diversify our investor base, as we continue to expand our business globally and reach more farming communities with our inclusive offering. We are transforming our business from products to a solutions business through our technology platform, wide portfolio of differentiated and bio-solution products, and our diverse and expansive product pipeline. Taken together, these agricultural solutions can significantly reduce carbon emissions, mitigate the impact of global warming, and deliver shared prosperity for our people and our planet. We are a purpose-led company and are committed to delivering value to all our stakeholders. We will continue to lead this mission by leveraging our robust and sustainable solutions portfolio, integrated manufacturing with a low operating cost structure, and commitment to maintain a healthy balance sheet.”

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