UPL (company)

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UPL Limited
FormerlyUnited Phosphorus Limited (1969–2013)
Company typePublic
ISININE628A01036
Industry
Founded29 May 1969; 56 years ago (1969-05-29)
FounderRajnikant Shroff
Headquarters
Mumbai, Maharashtra
,
India[1]
Area served
Worldwide
Key people
  • Rajnikant Shroff (Chairman & MD)
  • Jaidev Shroff (CEO)[2]
Products
RevenueIncrease ₹53,576 crore (US$6.3 billion) (FY23)[3]
Increase ₹11,178 crore (US$1.3 billion) (FY23)[4]
Decrease ₹3,569 crore (US$420 million) (FY23)[3]
Total assetsIncrease ₹82,679 crore (US$9.8 billion) (2022)
Total equityIncrease ₹24,661 crore (US$2.9 billion)[5] (2022)
Owners
Number of employees
10,000+[5] (FY21)
Websiteupl-ltd.com

UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals.[6] Headquartered in Mumbai, the company is primarily engaged in the manufacture and marketing of conventional agrochemicals, seeds, and other agriculture-related products. It also manufactures fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds.[7][8]

United Phosphorus Limited was established on 29 May 1969.[8] The company changed its name to UPL Limited in October 2013.[9]

On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019,[10][11] making UPL the fifth largest generic agrochemicals company in the world after Bayer, Corteva, Syngenta and BASF.[12][13]

References

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