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UPL Ltd.

BSE: 512070 Sector: Agri and agri inputs
NSE: UPL ISIN Code: INE628A01036
BSE 00:00 | 12 Aug 788.45 21.20
(2.76%)
OPEN

770.00

HIGH

789.95

LOW

767.85

NSE 00:00 | 12 Aug 788.90
(%)
OPEN

768.00

HIGH

790.00

LOW

768.00

OPEN 770.00
PREVIOUS CLOSE 767.25
VOLUME 54754
52-Week high 848.00
52-Week low 607.80
P/E 43.01
Mkt Cap.(Rs cr) 60,242
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 770.00
CLOSE 767.25
VOLUME 54754
52-Week high 848.00
52-Week low 607.80
P/E 43.01
Mkt Cap.(Rs cr) 60,242
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

UPL Ltd. (UPL) - Chairman Speech

Company chairman speech

Dear Shareholders

The pandemic has rigorously stress tested our collective humanresilience in the past two years and we have worked to fight back valiantly and lookforward to a brighter future. However its consequences would be felt for years to come.Learnings from it need to be put into practice at unprecedented speed and scale to wardoff similar crisis in the future. The trajectory of how a health crisis snowballed into aneconomic one and further to a humanitarian emergency has come with a valuable lesson– the ardent need to deliver sustainable solutions for real impact. As anorganisation UPL has remained steadfast in its commitment to delivering innovativesolutions to strengthen farmer resilience. We have established a distinct anddifferentiated farmers across the world by innovating at scale enabling them to practicesustainable farming and ensuring a steady and reliable income. In the process we havecreated a robust business model that is sustainable by design and capable of adapting tothe changing times.

ENSURING GLOBAL FOOD SECURITY

As if the pandemic was not enough the recent geopolitical tensionshave come as a major blow to global food production and supply chains making food lessaccessible and affordable especially to the vulnerable communities already reeling underloss of livelihood. With arable lands globally continuing to shrink under the pressure ofa rising population rapid urbanisation desertification floods droughts and climatechange the need to transform the farm sector rapidly to create positive impact on yieldand quality has never been so pronounced.

At UPL we have prioritised global long-term solutions and are makingthe agricultural sector efficient and sustainable.

We have invested heavily to enhance our R&D capabilities across theglobe which enables us to identify and address even region-specific issues such asproduction efficiency and waste minimisation at the end of the product lifecycle. OurOpenAg network brings together farmers food producers consumers and supermarkets on acommon platform to explore new ideas methods ways and answers towards sustainablefarming and food security.

GIVING BACK TO SOCIETY

Our CSR efforts are directed towards empowering strengthening anddeveloping communities on a global scale. We undertake focused interventions in the areasof quality education entrepreneurship skill development forestry disaster managementproper sanitation and much more. Our collaborations with multiple NGOs across the worldenhance our reach and widen the scale of social impact.

UPL'S ETHOS

We uphold the highest standards of corporate governance.

Our core values define who we are and help us in fulfilling our missionof making every single food product more sustainable. Our ambition to make a moreequitable and fairer world pushes us to take more responsibility and

At UPL we have prioritised global long-term solutions and are makingthe agricultural sector efficient and sustainable.

We have invested in enhancing our R&D capabilities across theglobe which enables us to identify and address even region-specific issues such asproduction efficiency and waste minimisation at the end of the product lifecycle.

work harder. We have grown exponentially guided by our experienced and diligentleadership team. We are committed to zero harm. However our Ankleshwar unit experiencedan unfortunate incident and five people sustained injuries. Our emergency response teamworked alongside the local fire brigade to stabilise and tackle this unfortunate incident.We immediately launched an investigation to find the root cause behind this fire andimplemented necessary measures to ensure that such incidents do not recur in the future inany of our locations. In a bid to reward our shareholders we announced and completed abuyback of shares through open market route for about Rs 1100 crore.

CONTINUING RESPONSIBLE LEADERSHIP

In addition to assisting farmers in making the most of their land we contribute to asustainable society. We make a conscious effort to reduce our carbon impact and providemore sustainable solutions. We have aligned with the UN SDGs and signed the climate pledgeto show our dedication to sustainable farming and production methods and to continue toadvance our company.

I take this opportunity to welcome Ms. Naina Lal Kidwai to the Board as IndependentDirector. Ms. Kidwai comes with rich experience in banking and other sectors. Herinclusion will strengthen the Board and help UPL achieve the value creation goals for itsstakeholders. In conclusion I express my sincerest gratitude to every stakeholder fortheir contribution in our journey so far. Without them we would not have reached where weare today and would not be able to continue delivering impact.

R.D. Shroff
Chairman and Managing Director

.