
UPL Subsidiary Acquires Sustainable Tech Inc for $1 Cash
UPL Ltd announced that its step-down subsidiary, UPL NA Inc., USA, has acquired 100% shares of Sustainable Tech Inc., USA, for a cash consideration of US $1. The acquisition, completed on July 27, 2026, positions Sustainable Tech Inc. to focus on the Aquatics business, specializing in water treatment and environmental solutions. This move is not considered a related party transaction, and no regulatory approvals were required. Sustainable Tech Inc. was incorporated on July 14, 2026.
Key Highlights
- UPL NA Inc. acquires 100% of Sustainable Tech Inc. for $1 cash.
- Acquisition completed on July 27, 2026.
- Target entity focuses on Aquatics business (water treatment).
- Not a related party transaction; no regulatory approvals needed.
- Sustainable Tech Inc. incorporated on July 14, 2026.
Price Impact
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