UPL's subsidiary sells 19.22% stake in Villa Crop Protection
Date:12-12-2016
UPL Corporation Limited, a wholly owned subsidiary of UPL Limited, based in Mauritius, has sold its shares held in Villa Crop Protection (Pty) Limited to an affiliate of Land O' Lakes Inc., an American company.
UPL Corporation owned 19.22% of the shares in Villa Crop Protection (Pty) Limited. For sale of the shares, UPL Corporation has received approximately Rs. 22 crores.