UPL Limited has submitted a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a change in senior management personnel.
Mr. Toshan Tamhane, Group Chief Operating Officer, has decided to move on from UPL to pursue entrepreneurial ventures. His resignation takes effect from the close of business hours on August 31, 2026.
Mr. Tamhane joined UPL from McKinsey & Company and held several significant roles during his 5.5-year tenure, including Chief Digital Officer and Chief Strategy Officer for the Group. He was instrumental in driving multiple strategic initiatives, including inorganic moves, digital & analytics journey, and building various businesses & transformation projects.
The management has placed on record their appreciation for his invaluable contributions and partnership during his association with the Group. The company wishes him every success in his future endeavors.
A copy of the resignation letter from Mr. Tamhane addressed to Mr. Jai Shroff, Chief Executive Officer of UPL Group, is enclosed with the filing. In his letter, Mr. Tamhane expressed gratitude for the opportunities and freedom provided during his association with UPL and mentioned his pride in the organization's achievements.
The disclosure was signed by Mr. Sandeep Deshmukh, Company Secretary and Compliance Officer (ACS-10946) of UPL Limited.
Financial Impact
No financial impact quantified in the disclosure.