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Advanta Ltd. Company History and Annual Growth Details

Our Company was incorporated on January 24, 1994 as ITC Zeneca
Limited with its registered office situated at Hyderabad in the State of
Andhra Pradesh, India. Our registered office was shifted to the State
of Karnataka pursuant to a resolution of the shareholders on December
17, 2001.

ITC Zeneca Limited was formed as a joint venture between ITC Limited,
an Indian company and Zeneca Limited, a company incorporated under
the laws of England, with the objective of research and development,
production, marketing and sale of hybrid seeds. In April 1994, ITC
Zeneca Limited acquired the seeds business of Hysun India Limited.

Pursuant to the restructuring of the businesses of ITC Limited and
Zeneca Limited, ITC Limited transferred it shareholding (held through
one of its group companies) in ITC Zeneca Limited to Agro Tech Foods
Limited (formerly known as ITC Agro Tech Limited) on April 18, 1998
and Zeneca Limited transferred its shareholding in ITC Zeneca Limited
to Advanta Lambda B.V. (formerly known as Zeneca Lambda B.V. and
controlled by Advanta B.V.) on March 10, 1997. Pursuant to these
changes, the name of ITC Zeneca Limited was changed to Advanta India
Limited on September 30, 1998, having passed a special resolution
under Section 21 of the Companies Act.

In 2004, Syngenta acquired control over the Advanta group worldwide by
acquiring the entire shareholding of the group holding company Advanta
B.V., a company incorporated under the laws of Netherlands. Syngenta,
whilst retaining the Advanta group's North American corn, soybean and
Agripro Wheat businesses, sold the rest of Advanta group's worldwide
business to Fox Paine and Company, LLC, a United States based private
equity firm. Fox Paine and Company, LLC, sold businesses of the Advanta
group worldwide to various purchasers, except certain businesses held by
Advanta Lambda B.V.

On March 24, 2005 Advanta Lambda transferred its shareholding in Advanta
India to Advanta Netherlands Holding B.V., whilst on July 31, 2005, Agro
Tech Foods Limited transferred its shareholding in Advanta India to Advanta
Finance B.V. On February 14, 2006, Bio-win Corporation Limited, a
Mauritius based subsidiary of UPL, acquired Advanta Netherlands Holdings
B.V. from Fox Paine and Company, LLC. (held through Advanta Holdings
Luxembourg). Subsequently, on March 17, 2006, Advanta Finance B.V.
and Advanta Netherlands Holdings B.V., sold their respective shareholdings
in Advanta India to Bio-win Corporation Limited. Consequently, Advanta India
became a wholly owned subsidiary of Bio-win Corporation with effect from
March 17, 2006.

Advanta India acquired 180 ordinary shares of Euro 100 each in Advanta
Holdings B.V. on March 21, 2006. Consequently, Advanta Holdings B.V.
became a wholly owned subsidiary of Advanta India, with effect from that
date. On March 30, 2006, Advanta Holdings B.V. acquired the shareholding
of Bio-win Corporation Limited in Advanta Netherlands Holdings B.V.
Pursuant to this, Advanta Netherlands Holdings B.V., Advanta Finance B.V.,
Advanta International B.V., Pacific Seeds Holdings (Thai) Limited, Advanta
Semillas SAIC, Argentina, Pacific Seeds Pty. Limited, Pacific Seeds (Thai)
Limited and Advanta Africa Seeds (Proprietory) Limited, the direct and indirect
subsidiaries of Advanta Holdings B.V., became the subsidiaries of Advanta
India. UPL acquired the shareholding of Bio-win Corporation in Advanta India
on August 3, 2006. As a result, Advanta India became a wholly owned
subsidiary of UPL.

Date Event

March 1998 We commenced operations of our second seed processing
plant in India at Medhcal, Andhra Pradesh
July 7, 1997 We launched sale of commercial hybrid rice
October, 1997 We launched sale of commercial hybrid hyola for the first time
April, 2000 Det Norske Veritas certified that the management systems
standard of the Company are in compliance of the standard
ISO 9001: 2000
March, 2004 International Seed Testing Association accredited our quality
contol lab at Kurnool to be in compliance of the standard ISO
17025 as it meets the both the domestic and international
product quality standards
March, 2004 Det Norske Veritas certified that the environment management
systems of the Company are in compliance of the standard ISO
14001:2004
March, 2006 Our Company became a wholly owned subsidiary of Bio-win
Corporation Limited


2008

-Advanta India Ltd has informed that the Board of Directors of the Company at its meeting held on January 02, 2008 have approved the proposal of change of Registered Office of the Company. Consequently, the registered office of the Company is shifted from ARS, Koppa Road, Begur Post, Bangalore, Karnataka to Golden Seeds (A Divn. of Advanta India Ltd) B - 22, Brigade MM Building, K R Road Cross, Yediyur, Bangalore, Karnataka from January 02, 2008.

- Advanta India Limited has informed that the Board of Directors in their meeting held on October 31, 2008 have appointed Mr. H.K. Agarwal, a member of the Institute of Company Secretaries of India as the Company Secretary and Compliance Officer of the Company, with effect from November 01, 2008.

2009

- Advanta India Ltd has informed that the Board of Directors of the Company at its meeting held on January 05, 2009, has approved the proposal of Shifting of Registered Office of the Company from 493/A, 27th Cross, 18th Main, Judicial Layout, GKVK Post, Bangalore-560 065 to # 301 & 302, II Floor, Ram Infantry Manor, 70 Infantry Road, Bangalore - 560 001, with effect from January 15, 2009.

2010

- Advanta India stated that its American unit had acquired U.S.-based Crosbyton Seed Company (CSC) for an undisclosed amount.

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