09-07-2025
UPL subsidiary acquires Wuhan Advanta Seeds to expand presence in China
UPL Ltd. announced today that its step-down subsidiary, Advanta Seeds International Mauritius, has entered into an agreement to acquire 100% equity in Wuhan Advanta Seeds Company Limited (Advanta China). The acquisition, valued at USD 4,200, marks UPL's strategic expansion into the Chinese agricultural market.
Advanta China, incorporated on June 25, 2024, will operate in the seeds and agri-related business. While the company is newly established with no prior turnover, its formation is aimed at strengthening UPL's footprint in Asia's fast-growing agri-sector.
The acquisition does not fall under a related party transaction, and neither the promoter group nor group companies have any direct or indirect interest in the deal. No additional regulatory approvals are required, and the transaction is expected to be completed by or before September 30, 2025.
This move aligns with UPL's long-term growth strategy to expand its global seed business through Advanta Enterprises Ltd., in which UPL holds a 74.69% stake.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
