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UPL Ltd, announces the completion of investment of INR 1,580 Crore i.e., $200 Mn by ADIA,TPG and Brookfield for 9.09% stake in UPL Sustainable Agri Solutions Limited.
UPL has announced the completion of an investment of Rs 2,474 crore by global investment firm KKR for 13.33 per cent stake in Advanta Enterprises, agritech arm of UPL, formerly known as United Phosphorus Ltd.
This is a part of the larger corporate realignment exercise announced in October 2022 to create four distinct business platforms.