UGRO Capital Limited has successfully completed its acquisition of Datasigns Technologies Private Limited (MyShubhLife), marking a significant expansion in its business portfolio. The transaction was finalized on March 18, 2026, making DTPL a wholly owned subsidiary of the company.

Acquisition Details

The acquisition follows the execution of an Amended and Restated Share Purchase Agreement dated March 5, 2026. The company had previously disclosed the agreement execution to stock exchanges on the same date, maintaining transparency with stakeholders throughout the process.

Corporate Structure Impact

The acquisition has created a multi-tier subsidiary structure for UGRO Capital. With DTPL becoming a wholly owned subsidiary, Ekagrata Finance Private Limited, which was previously a wholly owned subsidiary of DTPL, has now become a step-down subsidiary of UGRO Capital. This structure provides the company with expanded operational capabilities and market reach.

Regulatory Compliance

The transaction was completed in full compliance with regulatory requirements under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has maintained proper disclosure protocols throughout the acquisition process, ensuring transparency with stock exchanges and stakeholders.

Strategic Significance

The completion of this acquisition represents UGRO Capital's commitment to expanding its business operations and strengthening its market position. The integration of MyShubhLife's operations and capabilities is expected to enhance the company's service offerings and operational efficiency in the financial services sector.

UGRO Capital Limited has announced the successful allotment of non-convertible debentures worth ₹45 crores through private placement. The Investment and Borrowing Committee of the Board of Directors approved this allotment on March 18, 2026, under the provisions of Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Debenture Issue Details

The company has allotted 45,000 listed, rated, senior, secured, transferable, redeemable, non-convertible debentures denominated in Indian Rupees. Each debenture carries a face value of ₹10,000, aggregating to a total issue size of ₹45 crores.

Terms and Conditions

The debentures carry an attractive interest rate of 9.50% per annum, payable on a monthly basis. The instruments have a tenure of 13 months from the date of allotment and are scheduled to mature on April 18, 2027.

Security and Listing

The debentures are secured by a first ranking, exclusive and continuing pledge over equity shares in favor of the Debenture Trustee. This security arrangement covers all outstanding amounts, including accrued interest, default interest, trustee remuneration, and other associated costs. The company has proposed to list these debentures on BSE Limited.

Regulatory Compliance

The allotment was approved through resolution by circulation by the Investment and Borrowing Committee. The company has fulfilled all regulatory requirements under SEBI regulations and has made the relevant information available on its website at www.ugrocapital.com . No special rights, interests, or privileges are attached to these instruments.

Source: None/Company/INE583D01011/ee64e83d-2805-4a4b-a137-d4ab852b36f4.pdf