UPL Limited — JV/Acquisition, 15-08-2026: Acquisition

UPL's subsidiary, Advanta BV, is acquiring Misr Hytech Seed International S.A.E. (Hytech Egypt) for approximately US$110 million, securing a 99.98% stake. This strategic move positions Advanta as an immediate leader in the rapidly expanding Middle East & Africa seed market, particularly for white and yellow corn. Hytech Egypt, an agricultural seeds company, reported turnovers between US$25.7 million and US$37.6 million in the past three years. This acquisition strengthens UPL's global seeds business and expands its geographic footprint significantly.