On November 27, 2023, UPL established a new step-down subsidiary named UPL Speciality Mauritius. The subsidiary is under UPL Speciality Chemicals, India, with the company holding 100% shareholding. UPL Speciality Mauritius, now a related party upon its inception, is primarily focused on engaging in specialty chemicals and related businesses following the infusion of share capital at a later stage.
As a known name in crop protection products, UPL operates across 123 countries, serving a diverse customer base. As reported by MoneyWorks4Me, the company has subsidiary offices strategically located in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, the USA, the UK, Vietnam, and Zambia.
