CCI Approves Restructuring Of UPL Group Companies

09 Jun 2026 CW Team

The Competition Commission of India has approved a proposed combination related to the reorganisation of UPL group companies and other parties. The parties to the proposed combination include UPL Limited (UPL), UPL Sustainable Agri Solutions Limited (UPL SAS), UPL Global Sustainable Agri Solutions Limited (UPL Two), UPL Crop Protection Holdings Limited (Cayman One), TPG Upswing Limited (TPG), Platinum Jasmine A 2018 Trust (Platinum) acting through its trustee, and Woodhall Holdings (DIFC) Limited (WHL). The approval covers a series of interconnected steps that form the proposed transaction.

The reorganisation will result in the transfer to UPL Two of two business verticals currently linked to UPL. The first is the India crop protection business organised under UPL SAS and the second is the global crop protection business held directly or indirectly through Cayman One. UPL Two is described as another wholly owned subsidiary of UPL.

UPL is a global agri-solutions company engaged in research and development, manufacture and sale of pesticides, insecticides, micronutrients, crop protection products, bio-solutions, seeds and post-harvest treatments. UPL SAS manages the India crop protection business and supplies a range of agri-solutions including crop protection and seed treatment products in India. Cayman One currently holds the global crop protection business and is reported to deal in conventional crop protection products and biosolutions.

TPG is identified as a global investment firm focused on private equity, real estate, healthcare, technology, consumer and financial services, while WHL is noted as belonging to the Brookfield Group, an alternative investment manager. The description states that UPL Two currently has no business operations in India and is intended to hold both the India and global crop protection businesses following completion of the transaction. The detailed order of the Commission will follow.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..