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UPL Limited

ExitedQuarterly
UPLPesticides & AgrochemicalsMarket Cap₹44K Cr
SBI Life Insurance
SBI Life Insurance
Institution
The move

SBI Life Insurance, which previously held 1.15 percent of UPL Limited, no longer appears on the company's disclosed shareholder list, indicating either a complete exit or a reduction in their stake to below the 1 percent reporting requirement.

About UPL Limited
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A leading agrochemicals manufacturer, UPL is principally engaged in the production and distribution of pesticides, industrial chemicals, chemical intermediates, and specialty chemicals serving diverse agricultural and industrial sectors. The company also produces and sells field crop and vegetable seeds, catering to farmers across India and international markets. UPL's vertically integrated business model spanning crop protection solutions and seed production distinguishes it within the agrochemical industry.

About SBI Life Insurance
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Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.

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UPL Limited
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LICDecreased
LIC decreased its stake in UPL Limited from 4.51% to 3.48%, reducing its shareholding by 8,744,708 shares. The current value of its holding is ₹1,678.07 crore based on UPL's share price of ₹571.90.
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SBI Mutual FundIncreased
SBI Mutual Fund increased its stake in UPL Limited from 1.01% to 1.86%, raising its shareholding from 84,85,378 to 1,57,00,496 shares.
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ICICI Prudential Mutual FundIncreased
ICICI Prudential Mutual Fund increased its stake in UPL Limited from 2.49% to 3.69%, acquiring 10,092,771 shares. The approximate value of these shares is ₹576.99 crore, based on a share price of ₹571.90.
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SBI Life Insurance bought 5,73,065 shares of Granules India Limited for ₹50.00 Cr at ₹872.50 apiece in a block deal.
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SBI Life Insurance bought 4.2 lakh shares of Gland Pharma for ₹118.72 Cr at ₹2826.60 apiece in a block deal.
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SBI Life Insurance bought 5,09,485 shares of Clean Max Enviro Energy Solutions Limited for ₹62.16 Cr at ₹1,220.00 apiece in a block deal.
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