UPL Limited at 38th Annual General Meeting on 12th August 2022 approved dividend at the rate of INR 10 (Rupees Ten) per equity share of face value of INR 2 (Rupees Two) each fully paid-up, be and is hereby declared for the financial year ended March 31, 2022 and the same be paid as recommended by the Board of Directors of the Company, subject to deduction of tax at source and in accordance with the provisions of Section 123 and other applicable provisions, if any, of the Companies Act, 2013.