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UPL incorporates step-down subsidiary in Tanzania

14 Feb 2024 Evaluate

UPL has incorporated new step-down subsidiary viz. Advanta Seeds Tanzania. The company has received intimation about issuance of certificate of incorporation on February 13, 2024. The step-down subsidiary has been incorporated to carry out seeds and related business. Advanta Seeds Tanzania would be a stepdown subsidiary at Advanta Seed structure under Advanta Enterprises, India in which the Company holds 86.67% shareholding.

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 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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