Debt reduction
In 2022, UPL Ltd carved out four businesses as subsidiaries: domestic crop protection, international crop protection, global seeds, and manufacturing and speciality chemicals. The listed company, UPL Ltd, has a speciality chemical business, Superform Chemistries Limited, while its Indian crop protection business is housed under UPL Sustainable Agri Solutions and counts TPG, Abu Dhabi Investment Authority, and Brookfield as investors. International Crop Protection or UPL Corp counts TPG and Abu Dhabi Investment Authority as investors, while the seeds business under Advanta Enterprises Ltd counts KKR as its investor.
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