Upl Limited · NSE:UPL
Upl — Investor Day (May 2026)
75 slides from Upl's investor day presentation, May 11, 2026
Slide 1: Accelerating Profitable Growth
ACCELERATING PROFITABLE GROWTH Capital Markets Day 11th May 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward-looking statements include
Slide 3: Meet the presenters today
Agenda Meet the presenters today Jai Shroff Bikash Prasad UPL Limited Chairman and Group CEO UPL Limited Group CFO Mike Frank Ravi Cherukuri UPL Corp CEO UPL SAS CEO Bhupen Raj Tiwari Advanta CEO SUPERFORM CEO 3
Slide 4: Content
Agenda Content I. Chairman and Group CEO’s Address 5–14 II. Financial and Business Segment Q4 and FY26 Performance Update 15–31 UPL FY26 Performance Dashboard Summary and Capital Management 16–19 P&L Analysis: Revenue, Contribution, EBITDA and PATMI 20–25 Balance Sheet Analysis: Sources and Uses, Wo
Slide 5: Chairman and Group CEO's Address
Chairman and Group CEO’s Address Jai Shroff 5
Slide 6: We have successfully navigated through a year of intense volatility
UPL Limited | FY26 Update We have successfully navigated through a year of intense volatility 01 Commodity prices continue to be lower, leading to overall farm economic stress Soybean(1) Wheat(1) Corn(1) $/bu $/bu 8.2 $/bu 17.7 12.8 11.8 5.7 4.4 5.0 9.4 3.6 Apr’22 Apr’26 Apr’22 Apr’26 Apr’22 Apr’26
Slide 7: Engines of Accelerated Profitable Growth
Engines of Accelerated Profitable Growth Our resilient market leadership stems from geographic scale and product diversification, integrated manufacturing and focus on innovation >140 #5 in global agchem Leading Player Ranked #1 Broad-based Global Footprint countries outreach #10 in global seeds in
Slide 8: FY26 Scorecard | On Path for Sustainable Profitable Growth
FY26 Scorecard | On Path for Sustainable Profitable Growth Margin led broad-based performance for the year, led by our resilient core, focus and discipline. . . Revenue EBITDA Net Debt Growth Growth to EBITDA 4–8% Guidance +11% 12–16% Upgraded Guidance +18% 1.6–1.8x Guidance <1.6x Achieved Achieved
Slide 9: Driving Farmer Resilience and Thought Leadership
Driving Farmer Resilience and Thought Leadership . . . while continuing to demonstrate thought leadership on global forums . . . COP30 Food Food and Nature Leadership, Delegate to South Africa Continued partnership between Systems Programme World Economic Forum (WEF) Investment Summit Oxford and UPL
Slide 10: Driving Farmer Resilience and Thought Leadership
Driving Farmer Resilience and Thought Leadership . . . and strengthening the future of farmers through sustainable agriculture #AFarmerCan Carbon Credits Parametric Weather-Risk Sustainability Goals and Campaign @ COP30 Brazil Innovation Insurance Programmes Excellence in Rankings Championing Pionee
Slide 11: Imperatives for Navigating Through Global Mega Trends
Imperatives for Navigating Through Global Mega Trends Need for food security continues to rise globally, creating demand for sustainable agriculture . . . I. Crop protection intensification for growing demand II. Climate change and rising pest pressure More prevalent resistance from insects / weeds
Slide 12: Imperatives for Navigating Through Global Mega Trends
Imperatives for Navigating Through Global Mega Trends . . . with growth opportunities across crop protection and seeds Post patent segment continues to gain prominence Global crop-protection and Bio-solutions to grow substantially Global Crop protection Global Bio-solutions Post patent Proprietary o
Slide 13: UPL in FY27: Accelerating Profitable Growth
UPL in FY27 Accelerating Profitable Growth. 13
Slide 14: Continue to build on current capabilities by leveraging technology
UPL Limited | Accelerating Profitable Growth Continue to build on current capabilities by leveraging technology, while evaluating new profitable business streams Crop Protection Seeds Specialty Chemicals / • Focus on differentiated/ • Product innovation Manufacturing sustainable portfolio, innovatio
Slide 15: Accelerating Profitable Growth
Accelerating Profitable Growth. Bikash Prasad, Group Chief Financial Officer 15
Slide 16: A Year of Driving Profitable Growth
A Year of Driving Profitable Growth . . . FY26 . . . While Strengthening Financial Foundations 16
Slide 17: A Year of Strong Capital Management and Deleveraging
FY26 | A Year of Strong Capital Management and Deleveraging Navigated through a challenging environment, while continuing to focus on strengthening the balance sheet and enhancing liquidity profile May’25 Sep’25 Mar’26 $400 $200 $500 $400 $300 Mn ✓ Mn ✓ Mn ✓ Mn ✓ Mn ✓ Perpetual bonds Rights issue pr
Slide 18: Q4FY26 Performance Dashboard Summary
UPL Limited Q4FY26 | Performance Dashboard Summary Yet Another Strong Quarter, Momentum Sustained Particulars (₹ cr) Q4FY25 Q4FY26 vs. LY Revenue 15,573 18,335 18% • Strong growth led by overall volumes, Revenue partially offset by pricing pressure Contribution 5,934 7,069 19% Contribution Margin (%
Slide 19: FY26 Performance Dashboard Summary
UPL Limited FY26 | Performance Dashboard Summary UPL Delivers Strong Performance, Led by Operational Excellence and Continued Financial Discipline; Beats Guidance +11% +17% | +220bps +18% | +110bps ~4x ₹51,839 cr | V: +8% | P: (3%) | F: +6% ₹21,338 cr | 41.2% ₹9,588 cr | 18.5% ₹3,157 cr Revenue Cont
Slide 20: FY26 P&L Statement
UPL Limited FY26 | P&L Statement Strong FY26 Delivery: Beating Guidance in a Challenging Environment Particulars (₹ cr) FY25 FY26 Change YoY Revenue 46,637 51,839 11% 6% 8% Contribution 18,173 21,338 17% Revenue -3% (3%) Contribution Margin (%) 39.0% 41.2% 220 bps Volume Price FX SG&A 10,049 11,750
Slide 21: FY26 Revenue: Platform-wise Analysis
UPL Limited FY26 | Revenue: Platform-wise Analysis Strong volume led FY26 performance, driven by UPL Corp and Advanta, supported by SSC(2) segment FY26 Platform-wise Revenue(1)(3) (₹ cr) FY25 FY26 YoY +11% +11% (flat) +23% +1% 51,839 46,637 38,277 34,381 10,181 10,298 5,566 6,837 3,229 3,212 UPL Lim
Slide 22: FY26 Revenue: Region-wise Analysis
UPL Limited FY26 | Revenue: Region-wise Analysis Broad-based growth across regions, led by LATAM, North America and Europe FY26 Region-wise Revenue (₹ cr) 957 51,839 978 392 1,117 1,759 46,637 +10% +18% +14% +7% +10% FY25 LATAM NAM Europe India ROW FY26 FY26 Revenue 19,358 7,182 8,167 6,343 10,789 (
Slide 23: FY26 Contribution Analysis: Platform-wise
UPL Limited FY26 | Contribution Analysis: Platform-wise Strong performance led by broad-based growth vs. LY FY26 Contribution Analysis(1)(2) (₹ cr) FY25 FY26 YoY +17% +20% +19% +22% +13% 21,338 18,173 13,420 11,178 3,164 3,850 2,549 1,033 2,265 866 UPL Limited UPL Corp UPL SAS Advanta SUPERFORM CM %
Slide 24: FY26 EBITDA Analysis: Platform-wise
UPL Limited FY26 | EBITDA Analysis: Platform-wise Broad-based EBITDA growth, led by UPL Corp and Advanta FY26 EBITDA Analysis(1)(2) (₹ cr) FY25 FY26 YoY +18% +20% +24% +30% +10% 9,588 8,124 6,008 5,026 1,325 1,725 1,143 1,258 441 548 UPL Limited UPL Corp UPL SAS Advanta SUPERFORM EBITDA % 17% 18% 15
Slide 25: FY26 PATMI Analysis
UPL Limited FY26 | PATMI Analysis Operational PATMI >2.5x vs. LY, driven by higher EBITDA, lower finance cost and A.I./ JV losses FY26 Operational PATMI(1) Bridge (₹ cr) 66 31 278 1,463 513 (336) (375) (494) 1,860 714 FY25 EBITDA D&A NFC FX/ Hedging cost Oth. inc./ loss Tax A.I. NCI FY26 NFC FX/ Hed
Slide 26: Balance Sheet and Cash Flow Analysis
Balance Sheet and Cash Flow Analysis 26
Slide 27: FY26 Balance Sheet Analysis
UPL Limited FY26 | Balance Sheet Analysis Strong capital management despite macro challenges; perpetual bond redemption (Q1) and debt repayment (Q4) led balance sheet strengthening (₹ cr) Change ($ Mn) Change Particulars Mar’25 Mar’26 Mar’25 Mar’26 vs. Mar’25 vs. Mar’25 Uses of Capital Fixed Capital
Slide 28: Sources and Uses of Capital Analysis
UPL Limited FY26 | Sources and Uses of Capital Analysis Long-term assets are funded by long-term sources of capital, working capital is funded completely by long-term sources; resilient capital structure in ₹ cr 64,844 64,844 Short-term Debt 2,675 Others 7,020 & Lease Liabilities 6,720 Cash Long-ter
Slide 29: Working Capital Analysis
UPL Limited FY26 | Working Capital Analysis NWC days rangebound versus LY, despite challenging macro conditions Inventory Receivables Payables Net Working Capital Mar’25 Mar’26 Mar’25 Mar’26 Mar’25 Mar’26 Mar’25 Mar’26 ₹10,316 cr ₹12,676 cr ₹13,067 cr ₹16,528 cr ₹16,619 cr ₹21,085 cr ₹6,764 cr ₹8,11
Slide 30: Net Debt Analysis
UPL Limited FY26 | Net Debt Analysis Lower gross debt through $500 Mn repayment in Mar’26; beat net debt to EBITDA guidance Particulars (₹ cr)(1) Mar’25 Mar’26 vs. Mar’25 Particulars ($ Mn) Mar’25 Mar’26 vs. Mar’25 Gross Debt(2)(4) 27,123 22,045 (5,078) Gross Debt(2)(4) 3,174 2,325 (850) Cash and Ca
Slide 31: Cash Flow Analysis
UPL Limited FY26 | Cash Flow Analysis FCFE generation for the year ~₹3,200 cr; adjusted for working capital changes, FCFE has improved by >₹3,000 cr vs. LY Particulars (₹ cr) FY24 FY25 FY26 Change vs. LY EBITDA ±non-cash items(1) 3,609 6,907 8,959 2,051 Changes in working capital (748) 3,093 (1,224)
Slide 32: Platform-wise Q4 and FY26 Performance Update
Platform-wise Q4 and FY26 Performance Update 32
Slide 33: UPL Corporation Ltd.
Accelerating Profitable Growth. UPL Corporation Ltd. Mike Frank, Chief Executive Officer
Slide 34: UPL Corp FY26 Key Highlights
UPL Corp FY26 | Key Highlights Driving growth through commercial & operational excellence, accelerated by innovation . . . 1 Commercial Excellence 2 Operational Excellence 3 Innovation Strong volume and revenue growth; Significant improvement in OTIF Innovation rate up EBITDA margin expansion and CC
Slide 35: UPL Corp Q4 and FY26 Performance Summary
UPL Corp Q4 and FY26 | Performance Summary Volume led full year growth, despite macroeconomic and geopolitical headwinds; robust contribution margin supported EBITDA growth vs. LY Particulars (₹ cr) Q4FY25A Q4FY26A vs. LY FY25A FY26A vs. LY Revenue 12,068 14,531 20% 34,381 38,277 11% Contribution 3,
Slide 36: UPL Corp Region-wise Revenue Analysis
UPL Corp Q4 and FY26 | Region-wise Revenue Analysis Broad-based full year growth; strong increase in Americas and supported by Europe, Rest of World (in ₹ cr) (in ₹ cr) 467 14,531 841 38,277 504 729 516 945 959 1,342 12,068 34,381 +21% +21% +17% +23% +8% +18% +11% +13% Q4FY25 Latin America NAM Europ
Slide 37: Strong Sustainable & Differentiated Launches
UPL Corp FY26 Strong Sustainable & Differentiated Launches, Drive Innovation and Margin Accretion Accelerated volume growth continues to demonstrate broad acceptance of our unique products Brand Winger® Preview® Propose® Nuvita® P&SH – Nitrogen Portfolio Herbicides Herbicides Insecticide use efficie
Slide 38: UPL Corp FY27 Priorities
UPL Corp | FY27 Priorities Accelerating Profitable Growth Organic Growth & Margins Expansion Lean, High-Impact Business Quality driven by Innovation Organization • Sustained organic growth with • Successful launch and scale-up of new • Top tier employee continued market share gains products, with Ne
Slide 39: Sustainable Solutions at UPL Corp
Sustainable Solutions at UPL Corp UPL’s Sustainable Solutions: Growth Through Innovation Focus on delivering sustainable technologies and expanding our market footprint Sustainable Revenue growth driven Ambition to grow faster vs. market Solutions by EU and US bio-solutions (~12% CAGR FY26-FY31) an
Slide 40: UPL Corp FY27 Pipeline
UPL Corp FY27 Increased focus on differentiated and sustainable offering pipeline Peak Pipeline Composition (%) Peak Pipeline Value (PPV) and Other Pipeline Metrics ~$4.4 Bn $1.5 Bn 27 20 Risk Adjusted Peak Risk Adjusted Annual New molecules(2) in Sales(1) Outlook Sales expected by FY30 development
Slide 41: UPL Corp Summary
UPL Corp | Summary On pathway for sustainable and profitable growth Strong FY26 Performance FY27 Strategy for Sustainable Growth ➢ Outpaced market in vol. growth, gaining market share ➢ Drive organic growth; continue to gain market share ➢ New Product Launch Revenues >$160 Mn ➢ Accelerate growth of
Slide 42: UPL SAS
Accelerating Profitable Growth. UPL SAS Ravi Cherukuri, Chief Executive Officer
Slide 43: UPL SAS FY26 Key Highlights
UPL SAS FY26 | Key Highlights Transformed to drive sustainable growth 1 Business Quality 2 Portfolio Quality 3 Digital Transformation Improved margins with prudent Significant expansion to ‘Farmily’ retailer loyalty program: pricing and mix improvements new crops like corn, sugarcane high engagement
Slide 44: UPL SAS Q4 and FY26 Performance Summary
UPL SAS Q4 and FY26 | Performance Summary Significant improvement in FY26 EBITDA and margins despite flat revenue Particulars (₹ cr) Q4FY25 Q4FY26 vs. LY FY25 FY26 vs. LY Revenue 677 607 (10%) 3,229 3,212 flat Contribution 189 202 7% 866 1,033 19% Contribution Margin (%) 27.9% 33.3% 540 bps 26.8% 32
Slide 45: UPL SAS FY27 Key Priorities
UPL SAS FY27 | Key Priorities Strengthening competitive advantage and accelerating scale Deeper Channel Launch Big and Scale Fast Integrating to Win Engagement • Accelerated growth of focus • Excitement for top partner • Spray machines as key products; crop diversification club – Open Ag Partners di
Slide 46: Advanta
Accelerating Profitable Growth. Advanta Bhupen, Chief Executive Officer
Slide 47: Advanta FY26 Key Highlights (1/2)
Advanta FY26 | Key Highlights (1/2) Building a superior quality business with a farmer first approach through robust portfolio across diversified regions . . . 1 Leading Crop Portfolio 2 Diversified Global Footprint 3 Farmer First and Sustainable Approach 10th largest global seeds company - Presence
Slide 48: Advanta FY26 Key Highlights (2/2)
Advanta FY26 | Key Highlights (2/2) . . . while leveraging on innovation, supply chain and experienced leadership Experienced Leaders and 4 Innovation Driven R&D Platform 5 Integrated Global Supply Chain 6 Strong Governance Pipeline driven by proprietary Local production meets Diverse, independent B
Slide 49: Advanta Q4 and FY26 Performance Summary
Advanta(1) Q4 and FY26 | Performance Summary Revenue growth of 23% in FY26 led by field corn, driving 30% EBITDA growth; positive momentum continues Particulars (₹ cr) Q4FY25A Q4FY26A vs. LY FY25A FY26A vs. LY Revenue 1,789 2,198 23% 5,566 6,837 23% Contribution 1,010 1,237 22% 3,164 3,850 22% Contr
Slide 50: Advanta Region-wise Revenue Analysis
Advanta(1) Q4 and FY26 | Region-wise Revenue Analysis FY26 growth led by Americas and India (in ₹ cr) (in ₹ cr) 116 30 2,198 149 608 74 65 6,837 115 1,789 524 5,566 +19% +21% +39% +15% +25% +24% +13% +17% Q4FY25 Americas Asia / Africa Australia Europe Q4FY26 FY25 Americas Asia / Africa Australia Eur
Slide 51: Advanta FY26 Portfolio Highlights
Advanta FY26 | Portfolio Highlights Traction Across Portfolio led by Targeted Initiatives FY26 Revenue New Pre-commercial Share(1) (%) Growth Drivers & Differentiating Factors and Commercial • Continued market share growth and geographic expansion (e.g., India, LAN) 40% # 54 Hybrids Field Corn • Sup
Slide 52: Advanta Operational Strategy FY27
Advanta | Operational Strategy FY27 Vision for Tomorrow: Scaling Through Innovation and Market Penetration Product Innovation Increase Penetration Scale Post-Harvest • ‘Lab-to-field’ R&D focused • Strengthen leadership • Expand post-harvest growth on specific farmer needs in key crops (field corn, g
Slide 53: SUPERFORM
Accelerating Profitable Growth. SUPERFORM Raj Tiwari, Chief Executive Officer
Slide 54: SUPERFORM FY26 Key Highlights
SUPERFORM FY26 | Key Highlights SUPERFORM | FY26 Key Highlights 1 Improved Business Mix 2 Manufacturing and Supply Excellence 3 Building Solid Foundations Industry leading growth in Super Efficient manufacturing operations; Expanded lubricants additives Specialty Chemicals (SSC) of 20% YoY capacity
Slide 55: SUPERFORM Q4 and FY26 Performance Summary
SUPERFORM Q4 and FY26 | Performance Summary SSC(1) (+20%) leads topline growth, EBITDA margins expanded 100bps YoY Particulars (₹ cr) Q4FY25A Q4FY26A vs. LY FY25A FY26A vs. LY Revenue 2,065 2,273 10% 10,181 10,298 1% Contribution 550 594 8% 2,265 2,549 13% Contribution Margin (%) 26.6% 26.1% (50 bps
Slide 56: SUPERFORM Business Unit-wise Analysis
SUPERFORM Q4 and FY26 | Business Unit-wise Analysis Strong growth in SSC(1) segment in FY26 Q4 Business Unit-wise Revenue (₹ cr) 139 69 2,273 2,065 +10% +9% Active • Lower cost base driven by Ingredients (AI) higher supply chain efficiency Q4FY25 AI SSC Q4FY26 Q4FY26 1,472 801 Revenue (₹ cr) FY26 Bu
Slide 57: SUPERFORM Operational Strategy FY27
SUPERFORM | Operational Strategy FY27 Strategic Integration and Future-Fit Capabilities Enabling Resilient Growth Vertical Integration New Product Launches Future Fit Organization • Own key supply chain nodes • Shift from Chemicals • Growth drivers – to drive scale and profit to Applications Contrac
Slide 58: UPL Group FY26 Summary and Way Ahead
Accelerating Profitable Growth. UPL Group | FY26 Summary and Way Ahead Bikash Prasad, Group Chief Financial Officer 58
Slide 59: UPL beats market guidance across growth, profitability and balance sheet
UPL Limited FY26 | Accelerating Profitable Growth UPL beats market guidance across growth, profitability and balance sheet Growth Profitability Balance Sheet Significantly +11% ~2.5x Improved ~2.0x In ₹ ‘000 cr 51.8 3.6% 2.1x 6.1% 46.6 1.6x 3.2% 1.5% FY25 Revenue FY26 Op PATMI Margin(1) Net Debt to
Slide 60: Q1FY27 Guidance
UPL Limited in Q1FY27 Q1FY27 Guidance 10–14% • Scaling-up contribution-led topline for quality earnings Accelerating • Rationalization for profitability: portfolio, SKUs, countries Quality of Earnings • Plant utilization and spend optimization Revenue Growth Cash Flow • Monitoring cash conversion 14
Slide 61: Annexure
@UPL / Annexure
Slide 62: Q4 and FY26 Revenue: Platform-wise Analysis
UPL Limited Q4 and FY26 | Revenue: Platform-wise Analysis Strong Q4 and FY26 performance led by UPL Corp and Advanta Q4 Platform-wise Revenue(1)(3) (₹ cr) YoY +18% +20% (10%) +23% +10% • Q4: V: +10% | P: +4% | E: +7% • Robust growth, driven by Brazil insecticides, herbicides 18,335 vol., supported b
Slide 63: Q4 and FY26 Revenue: Region-wise Analysis
UPL Limited Q4 and FY26 | Revenue: Region-wise Analysis Q4 led by Latin America, Europe and North America, supported by Rest of World; strong FY26 performance across all regions Q4 Region-wise Revenue (₹ cr) • Vol. led growth in Brazil crop protection (mainly 595 633 18,335 1,044 621 acephate, cleth
Slide 64: Q4 and FY26 Contribution Analysis: Platform-wise
UPL Limited Q4 and FY26 | Contribution Analysis: Platform-wise Broad-based growth in Q4 as well as in FY26 vs. LY; strong performance across all platforms continues Q4 Platform-wise Contribution(1)(2) (₹ cr) YoY +19% +24% +7% +22% +8% • Q4 margin improvement led by lower input cost 7,069 UPL Corp 5,
Slide 65: Q4 and FY26 EBITDA Analysis: Platform-wise
UPL Limited Q4 and FY26 | EBITDA Analysis: Platform-wise Strong Q4 growth, led by UPL Corp and Advanta; broad-based FY26 growth Q4 Platform-wise EBITDA(1)(2) (₹ cr) YoY 13% +13% (26%) +33% +8% • Driven by volume led revenue growth, 3,646 UPL Corp 3,241 and improved contribution margin 2,609 2,313 50
Slide 66: Q4FY26 PATMI Analysis
UPL Limited Q4FY26 | PATMI Analysis Operational PATMI near flat despite growth in EBITDA primarily due to depreciation and higher tax incidence Q4FY26 Operational PATMI Bridge (₹ cr) 406 43 56 10 (210) (299) (50) (51) 1,172 1,076 Q4FY25 EBITDA D&A NFC FX/ Hedging cost Oth. inc./ loss Tax A.I. NCI Q4
Slide 67: FY26 Debt Profile
UPL Limited FY26 | Debt Profile Security — Consolidated As of March 31, 2026 Tenure Consolidated As of March 31, 2026 0.9% $500 Mn maturing in December 26 30% Unsecured Loans Long Term Secured Loans Short Term 99.1% 70% Currency Profile — Consolidated As of March 31, 2026 As of March 31,2026 2.1% 0.
Slide 68: Experienced board and global leadership team
Our performance, both financial and non-financial, are governed by experienced board and global leadership team 68
Slide 69: UPL Limited Board of Directors
UPL Limited | Board of Directors Our exemplary governance is driven by a strong and experienced board… Jai Shroff Vikram Shroff Hardeep Singh Chairman and Group CEO Vice Chairman and Co-CEO Non-Executive Director Suresh Kumar Naina Lal Kidwai M. V. Bhanumathi Lead Independent Director Independent Di
Slide 70: UPL Corp Board of Directors
UPL Corp | Board of Directors Anchored by industry veterans and independent directors at each platform Jai Shroff Vikram Shroff Mike Frank Davor Pisk Roberta Bowman Chairman Non-Executive Director Chief Executive Officer Independent Director Independent Director Usha Rao Monari Puneet Bhatia Peter S
Slide 71: UPL SAS Board of Directors
UPL SAS | Board of Directors Anchored by industry veterans and independent directors at each platform Jai Shroff Vikram Shroff Puneet Bhatia Nawal Saini Chairman Non-Executive Director Nominee Director, ADIA-TPG Nominee Director, Brookfield M. V. Bhanumathi Usha Rao Monari Ravishankar Cherukuri Inde
Slide 72: Advanta Board of Directors
Advanta | Board of Directors Anchored by industry veterans and independent directors at each platform Jai Shroff Vikram Shroff Rajan Gajaria Simrun Mehta Chairman Non-Executive Director Vice Chairman Non-Independent Director Utsav Mitra Davor Pisk Usha Rao Monari Bhupen Dubey Nominee Director, Alpha
Slide 73: SUPERFORM Board of Directors
SUPERFORM | Board of Directors Anchored by industry veterans and independent directors at each platform Jai Shroff Vikram Shroff Raj Tiwari Suresh Kumar Chairman Non-Executive Director Chief Executive Officer Independent Director M. V. Bhanumathi Hardeep Singh K. R. Srivastava Independent Director N
Slide 74: UPL Limited Leadership Team
UPL Limited | Leadership Team Supplemented by a passionate and experienced global leadership team Jai Shroff Vikram Shroff Toshan Tamhane Bikash Prasad Rajan Gajaria Chairman and Group CEO Vice Chairman and Co-CEO Chief Operating Officer Group CFO Vice Chairman UPL Limited UPL Limited UPL Limited UP
Slide 75: Thank You
Thank You FY25 FY25 FY25 FY25 Annual Report Sustainability Report Sustainability Factsheet CSR Report For more details, please connect with Anurag Gupta Astitva Chauhan anurag.gupta@upl-ltd.com astitva.chauhan@upl-ltd.com