Upl Limited announced that it has received an intimation on 7th December 2023, about issuance of certificate of incorporation with regards to new step-down subsidiary viz. Advanta Seeds Zambia Limited effective 05th December 2023. Name ­: Advanta Seeds Zambia Limited.

Turnover:­ Not applicable (Newly incorporated company). Industry: ­ Seeds and related business. Date of Incorporation ­ 05th December 2023.

Advanta Seeds Zambia Limited would be a step- down subsidiary at Advanta Seed structure under Advanta Enterprises Limited, India in which the Company holds 86.67% shareholding. It becomes a related party upon incorporation. The promoter /promoter group /group companies do not have any direct /indirect interest.

The Company is incorporated to carry out seeds and related business. Nature of consideration: Initial capital of 15000 Ordinary Shares of KMW1 each.Percentage of shareholding /control acquired and /or number of shares acquired: 99.99% shares are held by Advanta Seeds Holding UK, United Kingdom. 0.01% shares are held by Advanta Seeds International, Mauritius.