Acquisitions9 Jul 2025, 03:40 pm
UPL Ltd Subsidiary to Acquire Wuhan Advanta Seeds Company Limited for USD 4,200
AI Summary
UPL Ltd's step-down subsidiary, Advanta Seeds International Mauritius, has agreed to acquire Wuhan Advanta Seeds Company Limited (Advanta China) for a consideration of USD 4,200. Advanta China is a newly incorporated company involved in the seeds and related business. The acquisition is not a related party transaction and does not involve any regulatory approvals. The acquisition is expected to be completed on or before 30th of the current month.
Key Highlights
- UPL Ltd's subsidiary to acquire Wuhan Advanta Seeds Company Limited for USD 4,200
- Advanta China is a newly incorporated company involved in the seeds and related business
- The acquisition is not a related party transaction
- No regulatory approvals are required for the acquisition
- The acquisition is expected to be completed by the end of the current month