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Home › Companies › UPL Limited › 2024-2025

UPL Limited 2024-2025 Proxy Voting Records

At UPL Limited's 2 shareholder meetings in the 2024-2025 proxy season (held August 27, 2024 and March 31, 2025), 50 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,893 separate fund positions. Their filings are grouped here into 62 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO ISSUANCE OF CORPORATE GUARANTEE BY… — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 62Reported items
  • 50Asset managers
  • 3,893Fund votes
  • March 31, 2025Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from UPL Limited has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2024-2025 2025-2026

Explore UPL Limited in the interactive database Compare manager voting policies

How asset managers voted at the UPL Limited 2024-2025 meetings

Each item below shows how the 50 asset managers that disclosed a UPL Limited vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of UPL Limited’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Hardeep Singh as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

99% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 86,155,845 for, 1,055,360 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 86,155,845AGAINST: 1,055,360
Largest asset managers voting on “Elect Hardeep Singh as Director” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century0893,058 00Against
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.093,107 00Against
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

2. Elect M V Bhanumathi as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 87,211,205 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 87,211,205
Largest asset managers voting on “Elect M V Bhanumathi as Director” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

3. Elect Santosh Kumar Mohanty as Director

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 87,211,205 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 87,211,205
Largest asset managers voting on “Elect Santosh Kumar Mohanty as Director” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

4. Reelect Vikram R. Shroff as Director

No official resultsDIRECTOR ELECTIONS

Meeting held August 27, 2024; no official results are on file for this meeting.

90% of fund votes cast · no official result

FOR
Details: votes by 32 asset managers

The 32 asset managers below reported 79,237,115 for, 8,866,004 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 79,237,115AGAINST: 8,866,004
Largest asset managers voting on “Reelect Vikram R. Shroff as Director” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
MFS26,784,4270 00For
Vanguard15,915,6768,684,234 00Mixed
FINANCIAL INVESTORS TRUST9,495,0000 00For
Lazard5,250,3190 00For
Dimensional5,166,0930 00For
Northern Trust4,509,4300 00For
Fidelity3,745,5190 00For
WisdomTree1,825,6740 00For
Equitable1,774,6620 00For
TIAA896,2050 00For
State Street855,4950 00For
AllianceBernstein667,4520 00For
Franklin Templeton513,2470 00For
Lincoln Financial405,5410 00For
American Century332,7680 00For
Dodge & Cox261,0030 00For
Voya188,2420 00For
Advisors' Inner Circle Fund II0181,770 00Against
Morningstar Funds Trust135,6430 00For
Morgan Stanley133,9860 00For
Invesco91,1890 00For
SA FUNDS INVESTMENT TRUST81,2020 00For
Brighthouse62,2930 00For
RBB FUND, INC.47,3170 00For
Eaton Vance32,5970 00For

Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).

5. To appoint MR. hardeep singh (DIN: 00088096) as a director (non-executive, non- independent) of the company

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

98% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPOINT MR. HARDEEP SINGH (DIN: 00088096) AS A DIRECTOR (NON-EXECUTIVE, NON- INDEPENDENT) OF THE COMPANY

The 9 asset managers below reported 17,854,791 for, 319,063 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 17,854,791AGAINST: 319,063
Largest asset managers voting on “TO APPOINT MR. HARDEEP SINGH (DIN: 00088096) AS A DIRECTOR (NON-EXECUTIVE, NON- INDEPENDENT) OF THE COMPANY” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock148,042228,225 00Mixed
JPMorgan075,819 00Against
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust015,019 00Against

6. To appoint MR. santosh kumar mohanty (DIN: 06690879) as an independent director of the company

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPOINT MR. SANTOSH KUMAR MOHANTY (DIN: 06690879) AS AN INDEPENDENT DIRECTOR OF THE COMPANY

The 9 asset managers below reported 18,173,854 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,173,854
Largest asset managers voting on “TO APPOINT MR. SANTOSH KUMAR MOHANTY (DIN: 06690879) AS AN INDEPENDENT DIRECTOR OF THE COMPANY” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock376,2670 00For
JPMorgan75,8190 00For
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust15,0190 00For

7. To appoint MS. m v bhanumathi (DIN: 10172983) as an independent director of the company

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPOINT MS. M V BHANUMATHI (DIN: 10172983) AS AN INDEPENDENT DIRECTOR OF THE COMPANY

The 9 asset managers below reported 18,173,854 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,173,854
Largest asset managers voting on “TO APPOINT MS. M V BHANUMATHI (DIN: 10172983) AS AN INDEPENDENT DIRECTOR OF THE COMPANY” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock376,2670 00For
JPMorgan75,8190 00For
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust15,0190 00For

8. To re-appoint MR. vikram r. shroff (DIN: 00191472) as director

No official resultsDIRECTOR ELECTIONS

Meeting held August 27, 2024; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: TO RE-APPOINT MR. VIKRAM R. SHROFF (DIN: 00191472) AS DIRECTOR

The 8 asset managers below reported 16,958,900 for, 9,107 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,958,900AGAINST: 9,107
Largest asset managers voting on “TO RE-APPOINT MR. VIKRAM R. SHROFF (DIN: 00191472) AS DIRECTOR” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,642,8160 00For
ADVISORS SERIES TRUST3,129,5880 00For
John Hancock468,0090 00For
Jackson National421,3090 00For
Brown Advisory Funds213,5020 00For
JPMorgan57,9120 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust09,107 00Against

9. Elect Hardeep Singh

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

0% of fund votes cast · no official result

AGAINST
Details: votes by 5 asset managers

The 5 asset managers below reported 2,533,884 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 2,533,884
Largest asset managers voting on “Elect Hardeep Singh” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab01,587,450 00Against
Russell Investments0498,545 00Against
Mercer Funds0414,364 00Against
Perpetual Americas Funds Trust031,451 00Against
Datum One Series Trust02,074 00Against

10. Elect M. V. Bhanumathi

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,533,884 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,533,884
Largest asset managers voting on “Elect M. V. Bhanumathi” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,587,4500 00For
Russell Investments498,5450 00For
Mercer Funds414,3640 00For
Perpetual Americas Funds Trust31,4510 00For
Datum One Series Trust2,0740 00For

11. Elect Santosh Kumar Mohanty

No official resultsDIRECTOR ELECTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,533,884 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,533,884
Largest asset managers voting on “Elect Santosh Kumar Mohanty” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,587,4500 00For
Russell Investments498,5450 00For
Mercer Funds414,3640 00For
Perpetual Americas Funds Trust31,4510 00For
Datum One Series Trust2,0740 00For

12. Approve Investing in and/or Providing Loans/Guarantees/Securities to Certain Subsidiaries

No official resultsCAPITAL STRUCTURE

Meeting held August 27, 2024; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 105,071,126 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,071,126
Largest asset managers voting on “Approve Investing in and/or Providing Loans/Guarantees/Securities to Certain Subsidiaries” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
MFS26,784,4270 00For
Vanguard24,599,9100 00For
BlackRock12,642,8160 00For
FINANCIAL INVESTORS TRUST9,495,0000 00For
Lazard5,250,3190 00For
Dimensional5,166,0930 00For
Northern Trust4,509,4300 00For
Fidelity3,745,5190 00For
ADVISORS SERIES TRUST3,129,5880 00For
WisdomTree1,825,6740 00For
Equitable1,774,6620 00For
TIAA896,2050 00For
State Street855,4950 00For
AllianceBernstein667,4520 00For
Franklin Templeton513,2470 00For
John Hancock468,0090 00For
Jackson National421,3090 00For
Lincoln Financial405,5410 00For
American Century332,7680 00For
Dodge & Cox261,0030 00For
Brown Advisory Funds213,5020 00For
Voya188,2420 00For
Advisors' Inner Circle Fund II181,7700 00For
Morningstar Funds Trust135,6430 00For
Morgan Stanley133,9860 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

13. Accept Consolidated Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 32 asset managers

The 32 asset managers below reported 88,103,119 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 88,103,119
Largest asset managers voting on “Accept Consolidated Financial Statements and Statutory Reports” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
MFS26,784,4270 00For
Vanguard24,599,9100 00For
FINANCIAL INVESTORS TRUST9,495,0000 00For
Lazard5,250,3190 00For
Dimensional5,166,0930 00For
Northern Trust4,509,4300 00For
Fidelity3,745,5190 00For
WisdomTree1,825,6740 00For
Equitable1,774,6620 00For
TIAA896,2050 00For
State Street855,4950 00For
AllianceBernstein667,4520 00For
Franklin Templeton513,2470 00For
Lincoln Financial405,5410 00For
American Century332,7680 00For
Dodge & Cox261,0030 00For
Voya188,2420 00For
Advisors' Inner Circle Fund II181,7700 00For
Morningstar Funds Trust135,6430 00For
Morgan Stanley133,9860 00For
Invesco91,1890 00For
SA FUNDS INVESTMENT TRUST81,2020 00For
Brighthouse62,2930 00For
RBB FUND, INC.47,3170 00For
Eaton Vance32,5970 00For

Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).

14. Accept Standalone Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 32 asset managers

The 32 asset managers below reported 88,103,119 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 88,103,119
Largest asset managers voting on “Accept Standalone Financial Statements and Statutory Reports” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
MFS26,784,4270 00For
Vanguard24,599,9100 00For
FINANCIAL INVESTORS TRUST9,495,0000 00For
Lazard5,250,3190 00For
Dimensional5,166,0930 00For
Northern Trust4,509,4300 00For
Fidelity3,745,5190 00For
WisdomTree1,825,6740 00For
Equitable1,774,6620 00For
TIAA896,2050 00For
State Street855,4950 00For
AllianceBernstein667,4520 00For
Franklin Templeton513,2470 00For
Lincoln Financial405,5410 00For
American Century332,7680 00For
Dodge & Cox261,0030 00For
Voya188,2420 00For
Advisors' Inner Circle Fund II181,7700 00For
Morningstar Funds Trust135,6430 00For
Morgan Stanley133,9860 00For
Invesco91,1890 00For
SA FUNDS INVESTMENT TRUST81,2020 00For
Brighthouse62,2930 00For
RBB FUND, INC.47,3170 00For
Eaton Vance32,5970 00For

Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).

15. Approve Dividend

No official resultsCAPITAL STRUCTURE

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 32 asset managers

The 32 asset managers below reported 88,103,119 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 88,103,119
Largest asset managers voting on “Approve Dividend” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
MFS26,784,4270 00For
Vanguard24,599,9100 00For
FINANCIAL INVESTORS TRUST9,495,0000 00For
Lazard5,250,3190 00For
Dimensional5,166,0930 00For
Northern Trust4,509,4300 00For
Fidelity3,745,5190 00For
WisdomTree1,825,6740 00For
Equitable1,774,6620 00For
TIAA896,2050 00For
State Street855,4950 00For
AllianceBernstein667,4520 00For
Franklin Templeton513,2470 00For
Lincoln Financial405,5410 00For
American Century332,7680 00For
Dodge & Cox261,0030 00For
Voya188,2420 00For
Advisors' Inner Circle Fund II181,7700 00For
Morningstar Funds Trust135,6430 00For
Morgan Stanley133,9860 00For
Invesco91,1890 00For
SA FUNDS INVESTMENT TRUST81,2020 00For
Brighthouse62,2930 00For
RBB FUND, INC.47,3170 00For
Eaton Vance32,5970 00For

Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).

16. Resolved that dividend at the rate of INR 1/- (rupee one) per equity share of face value of INR 2/- (rupees two) each…

No official resultsCAPITAL STRUCTURE

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: RESOLVED THAT DIVIDEND AT THE RATE OF INR 1/- (RUPEE ONE) PER EQUITY SHARE OF FACE VALUE OF INR 2/- (RUPEES TWO) EACH FULLY PAID-UP, BE AND IS HEREBY DECLARED FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE SAME BE PAID FROM THE PROFIT OF THE CURRENT YEAR I.E. FY 2023-24 AND / OR FROM BALANCE CARRIED FORWARD TO PROFIT AND LOSS ACCOUNT FROM PREVIOUS YEARS

The 8 asset managers below reported 16,968,007 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,968,007
Largest asset managers voting on “RESOLVED THAT DIVIDEND AT THE RATE OF INR 1/- (RUPEE ONE) PER EQUITY SHARE OF FACE VALUE OF INR 2/- (RUPEES TW” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,642,8160 00For
ADVISORS SERIES TRUST3,129,5880 00For
John Hancock468,0090 00For
Jackson National421,3090 00For
Brown Advisory Funds213,5020 00For
JPMorgan57,9120 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust9,1070 00For

17. To approve material related party transactions pertaining to issuance of corporate guarantee by UPL corporation…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO ISSUANCE OF CORPORATE GUARANTEE BY UPL CORPORATION LIMITED, CAYMAN ON BEHALF OF UPL CORPORATION LIMITED, MAURITIUS

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO ISSUANCE OF CORPORATE GUARANTEE BY UPL CORPORATIO” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

18. To approve material related party transactions pertaining to sale of materials and functional support services by UPL…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS AND FUNCTIONAL SUPPORT SERVICES BY UPL LIMITED TO ITS SUBSIDIARIES

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS AND FUNCTIONAL SUPPORT SERVICES” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

19. To approve material related party transactions pertaining to sale of materials by superform chemistries Limited to…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY SUPERFORM CHEMISTRIES LIMITED TO FELLOW SUBSIDIARIES

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY SUPERFORM CHEMISTRIES LIMITE” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

20. To approve material related party transactions pertaining to sale of materials by UPL corporation Limited, mauritius to…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL CORPORATION LIMITED, MAURITIUS TO UPL CROP PROTECTION HOLDINGS LIMITED

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL CORPORATION LIMITED, MAU” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

21. To approve material related party transactions pertaining to sale of materials by UPL do brasil - industria e comercio…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL DO BRASIL - INDUSTRIA E COMERCIO DE INSUMOS AGROPECUARIOS S.A. TO ASSOCIATES

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL DO BRASIL - INDUSTRIA E ” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

22. To approve material related party transactions pertaining to sale of materials by UPL europe supply chain GMBH to UPL…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL EUROPE SUPPLY CHAIN GMBH TO UPL FRANCE

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL EUROPE SUPPLY CHAIN GMBH” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

23. To approve material related party transactions pertaining to sale of materials by UPL management DMCC to UPL do brasil…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL MANAGEMENT DMCC TO UPL DO BRASIL - INDUSTRIA E COMERCIO DE INSUMOS AGROPECUARIOS S.A.

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL MANAGEMENT DMCC TO UPL D” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

24. To approve material related party transactions pertaining to sale of materials by UPL mauritius Limited to its…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL MAURITIUS LIMITED TO ITS SUBSIDIARIES

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL MAURITIUS LIMITED TO ITS” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

25. To approve material related party transactions pertaining to sale of materials by united phosphorus (india) LLP to…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UNITED PHOSPHORUS (INDIA) LLP TO FELLOW SUBSIDIARIES

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UNITED PHOSPHORUS (INDIA) LL” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

26. To approve material related party transactions pertaining to sale of materials by united phosphorus Cayman Limited to…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UNITED PHOSPHORUS CAYMAN LIMITED TO FELLOW SUBSIDIARIES

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UNITED PHOSPHORUS CAYMAN LIM” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

27. To approve material related party transactions for providing financial support by subsidiaries of the company to fellow…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS FOR PROVIDING FINANCIAL SUPPORT BY SUBSIDIARIES OF THE COMPANY TO FELLOW SUBSIDIARIES (CENTRALISED TREASURY OPERATIONS)

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS FOR PROVIDING FINANCIAL SUPPORT BY SUBSIDIARIES OF THE COMPANY ” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

28. To approve material related party transactions in connection with the investments by subsidiaries of the company in…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS IN CONNECTION WITH THE INVESTMENTS BY SUBSIDIARIES OF THE COMPANY IN FELLOW SUBSIDIARIES (CENTRALISED TREASURY OPERATIONS)

The 45 asset managers below reported 105,463,812 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 105,463,812
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS IN CONNECTION WITH THE INVESTMENTS BY SUBSIDIARIES OF THE COMPA” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
BlackRock12,282,8500 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
ADVISORS SERIES TRUST4,766,8900 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

29. Approve Material Related Party Transactions Pertaining to Sale of Materials and Functional Support Services by Arysta…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 36 asset managers

Description as filed by funds: Approve Material Related Party Transactions Pertaining to Sale of Materials and Functional Support Services by Arysta LifeScience Benelux SRL to UPL Europe Supply Chain GmbH

The 36 asset managers below reported 87,211,205 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 87,211,205
Largest asset managers voting on “Approve Material Related Party Transactions Pertaining to Sale of Materials and Functional Support Services by” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

30. Approve Material Related Party Transactions Pertaining to Sale of Materials and Functional Support Services by…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 36 asset managers

Description as filed by funds: Approve Material Related Party Transactions Pertaining to Sale of Materials and Functional Support Services by Cerexagri S.A.S. to UPL Europe Supply Chain GmbH

The 36 asset managers below reported 87,211,205 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 87,211,205
Largest asset managers voting on “Approve Material Related Party Transactions Pertaining to Sale of Materials and Functional Support Services by” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

31. Approve Material Related Party Transactions Pertaining to Sale of Materials by UPL Agricultural Product Trading FZE to…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 36 asset managers

Description as filed by funds: Approve Material Related Party Transactions Pertaining to Sale of Materials by UPL Agricultural Product Trading FZE to UPL Do Brasil - Industria e Comercio de Insumos Agropecuurios S.A.

The 36 asset managers below reported 87,211,205 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 87,211,205
Largest asset managers voting on “Approve Material Related Party Transactions Pertaining to Sale of Materials by UPL Agricultural Product Tradin” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

32. Approve Material Related Party Transactions in the Nature of Holding Office/Place of Profit by Varun Shroff (Relative…

No official resultsCORPORATE GOVERNANCE

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 36 asset managers

Description as filed by funds: Approve Material Related Party Transactions in the Nature of Holding Office/Place of Profit by Varun Shroff (Relative of Director) in a Subsidiary Company

The 36 asset managers below reported 87,211,205 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 87,211,205
Largest asset managers voting on “Approve Material Related Party Transactions in the Nature of Holding Office/Place of Profit by Varun Shroff (R” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard24,926,2630 00For
MFS24,137,7810 00For
FINANCIAL INVESTORS TRUST10,681,8750 00For
Lazard6,588,8480 00For
Dimensional5,764,9470 00For
Northern Trust4,979,7240 00For
Fidelity2,313,8000 00For
Equitable1,815,8540 00For
State Street1,016,7550 00For
American Century893,0580 00For
TIAA859,4410 00For
AllianceBernstein715,2260 00For
Franklin Templeton548,2520 00For
Lincoln Financial371,1130 00For
Dodge & Cox261,0030 00For
Brighthouse250,3770 00For
Morgan Stanley164,3410 00For
WisdomTree147,8440 00For
Advisors' Inner Circle Fund II119,3500 00For
Morningstar Funds Trust117,3980 00For
RBB FUND, INC.93,1070 00For
Invesco81,3820 00For
SA FUNDS INVESTMENT TRUST81,3620 00For
Nationwide75,9810 00For
Goldman Sachs41,7610 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

33. To approve material related party transaction in the nature of holding office/place of profit by MR. varun shroff…

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTION IN THE NATURE OF HOLDING OFFICE/PLACE OF PROFIT BY MR. VARUN SHROFF (RELATIVE OF DIRECTOR) IN A SUBSIDIARY COMPANY

The 9 asset managers below reported 18,252,607 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,252,607
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTION IN THE NATURE OF HOLDING OFFICE/PLACE OF PROFIT BY MR. VARUN SHR” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
JPMorgan75,8190 00For
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust15,0190 00For

34. To approve material related party transactions pertaining to sale of materials and functional support services by…

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS AND FUNCTIONAL SUPPORT SERVICES BY ARYSTA LIFESCIENCE BENELUX SRL TO UPL EUROPE SUPPLY CHAIN GMBH

The 9 asset managers below reported 18,252,607 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,252,607
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS AND FUNCTIONAL SUPPORT SERVICES” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
JPMorgan75,8190 00For
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust15,0190 00For

35. To approve material related party transactions pertaining to sale of materials and functional support services by…

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS AND FUNCTIONAL SUPPORT SERVICES BY CEREXAGRI S.A.S. TO UPL EUROPE SUPPLY CHAIN GMBH

The 9 asset managers below reported 18,252,607 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,252,607
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS AND FUNCTIONAL SUPPORT SERVICES” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
JPMorgan75,8190 00For
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust15,0190 00For

36. To approve material related party transactions pertaining to sale of materials by UPL agricultural product trading FZE…

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held March 31, 2025; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL AGRICULTURAL PRODUCT TRADING FZE TO UPL DO BRASIL - INDUSTRIA E COMERCIO DE INSUMOS AGROPECUARIOS S.A

The 9 asset managers below reported 18,252,607 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,252,607
Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SALE OF MATERIALS BY UPL AGRICULTURAL PRODUCT TRA” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,282,8500 00For
ADVISORS SERIES TRUST4,766,8900 00For
Brown Advisory Funds546,1110 00For
John Hancock455,0200 00For
JPMorgan75,8190 00For
Jackson National51,1370 00For
Advisors' Inner Circle Fund III33,9970 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust15,0190 00For

37. Approve Remuneration of Cost Auditors

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 32 asset managers

The 32 asset managers below reported 88,103,119 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 88,103,119
Largest asset managers voting on “Approve Remuneration of Cost Auditors” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
MFS26,784,4270 00For
Vanguard24,599,9100 00For
FINANCIAL INVESTORS TRUST9,495,0000 00For
Lazard5,250,3190 00For
Dimensional5,166,0930 00For
Northern Trust4,509,4300 00For
Fidelity3,745,5190 00For
WisdomTree1,825,6740 00For
Equitable1,774,6620 00For
TIAA896,2050 00For
State Street855,4950 00For
AllianceBernstein667,4520 00For
Franklin Templeton513,2470 00For
Lincoln Financial405,5410 00For
American Century332,7680 00For
Dodge & Cox261,0030 00For
Voya188,2420 00For
Advisors' Inner Circle Fund II181,7700 00For
Morningstar Funds Trust135,6430 00For
Morgan Stanley133,9860 00For
Invesco91,1890 00For
SA FUNDS INVESTMENT TRUST81,2020 00For
Brighthouse62,2930 00For
RBB FUND, INC.47,3170 00For
Eaton Vance32,5970 00For

Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).

38. To approve remuneration of the cost auditor for the financial year ending March 31, 2025

No official resultsAUDIT-RELATED

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: TO APPROVE REMUNERATION OF THE COST AUDITOR FOR THE FINANCIAL YEAR ENDING MARCH 31, 2025

The 8 asset managers below reported 16,968,007 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,968,007
Largest asset managers voting on “TO APPROVE REMUNERATION OF THE COST AUDITOR FOR THE FINANCIAL YEAR ENDING MARCH 31, 2025” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,642,8160 00For
ADVISORS SERIES TRUST3,129,5880 00For
John Hancock468,0090 00For
Jackson National421,3090 00For
Brown Advisory Funds213,5020 00For
JPMorgan57,9120 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust9,1070 00For

39. To consider and adopt the audited consolidated financial statements of the company for the financial year ended March…

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: TO CONSIDER AND ADOPT THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE REPORT OF THE AUDITOR THEREON

The 8 asset managers below reported 16,968,007 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,968,007
Largest asset managers voting on “TO CONSIDER AND ADOPT THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDE” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,642,8160 00For
ADVISORS SERIES TRUST3,129,5880 00For
John Hancock468,0090 00For
Jackson National421,3090 00For
Brown Advisory Funds213,5020 00For
JPMorgan57,9120 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust9,1070 00For

40. To consider and adopt the audited standalone financial statements of the company for the financial year ended March 31…

Meeting held August 27, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: TO CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITOR THEREON

The 8 asset managers below reported 16,968,007 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,968,007
Largest asset managers voting on “TO CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ” at UPL Limited, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,642,8160 00For
ADVISORS SERIES TRUST3,129,5880 00For
John Hancock468,0090 00For
Jackson National421,3090 00For
Brown Advisory Funds213,5020 00For
JPMorgan57,9120 00For
MASTER INVESTMENT PORTFOLIO25,7640 00For
Krane Shares Trust9,1070 00For

Showing the 40 reported items with the widest manager coverage, of 62 in total. Every item is in the interactive database (link above).

Largest UPL Limited shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top UPL Limited shareholders by shares voted on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO ISSUANCE OF CORPORATE GUARANTEE BY…”, 2024-2025
#Asset manager Shares voted
1Vanguard 24,926,263
2MFS 24,137,781
3BlackRock 12,282,850
4FINANCIAL INVESTORS TRUST 10,681,875
5Lazard 6,588,848
6Dimensional 5,764,947
7Northern Trust 4,979,724
8ADVISORS SERIES TRUST 4,766,890
9Fidelity 2,313,800
10Equitable 1,815,854

Shown as share counts, not percentages: no shares-outstanding figure has been matched to UPL Limited for the 2024-2025 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

UPL Limited proxy season coverage: 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “UPL Limited 2024-2025 Annual & Special Meetings: Vote Results”, https://proxyvotesnow.com/company/upl-limited/2025 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.