Ugro Capital promoter confirms no encumbrance on shares in FY26
Poshika Advisory Services LLP, promoter of Ugro Capital Limited, confirmed no new encumbrances on shares held by it or Mr. Shachindra Nath during FY26. The disclosure was made under SEBI SAST Regulations on April 8, 2026. The confirmation excludes previously disclosed encumbrances.
*this image is generated using AI for illustrative purposes only.
Ugro Capital Limited’s promoter, Poshika Advisory Services LLP, confirmed that it and person acting in concert Mr. Shachindra Nath did not create any encumbrance on equity shares held in the company during the financial year 2025-26. The declaration ensures that the shares remain free from new charges or liens, providing clarity to shareholders regarding the promoter's holding status. This disclosure is significant as it assures the market of the promoter's financial stability regarding their stake in the company.
The confirmation was submitted to the stock exchanges and the company’s Audit Committee on April 8, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates promoters to disclose any encumbrance on their holdings to ensure transparency. The letter explicitly states that no direct or indirect encumbrance was made during the specified period, other than those already disclosed.
Key Details of the Disclosure
The following table summarizes the key entities and the nature of the declaration:
| Entity | Role | Declaration Status |
|---|---|---|
| Poshika Advisory Services LLP | Promoter | No encumbrance during FY26 |
| Shachindra Nath | Person Acting in Concert | No encumbrance during FY26 |
The declaration was signed by Shachindra Nath, the Designated Partner and Authorised Signatory of Poshika Advisory Services LLP. The confirmation covers all equity shares held by the promoter and the person acting in concert in Ugro Capital Limited.
Historical Stock Returns for UGRO Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.51% | +0.48% | +3.42% | -40.85% | -46.27% | -12.63% |
How will this clean holding status influence Ugro Capital's ability to raise future capital or secure loans?
Does this declaration signal potential plans by the promoter to increase their stake in the company?
How might this transparency impact investor confidence and the stock's valuation in the upcoming quarter?
17
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
