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UPL incorporates step-down subsidiary in Zambia

08 Dec 2023 Evaluate

UPL has incorporated new step-down subsidiary in the name of Advanta Seeds Zambia on December 5, 2023. Advanta Seeds Zambia would be a step-down subsidiary at Advanta Seed structure under Advanta Enterprises, India in which the Company holds 86.67% shareholding. It becomes a related party upon incorporation. The company is incorporated to carry out seeds and related business. 

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.

Peers
Company Name CMP
UPL 533.50
PI Industries 2188.80
Bayer CropScience 3640.30
Sharda Cropchem 725.05
Sumitomo Chem. India 404.75
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