UGRO Capital Limited has announced a scheduled meeting of its Investment and Borrowing Committee to consider fundraising through debt instruments. The company issued the notification on March 6, 2026, informing stock exchanges about its upcoming financial deliberations.

Committee Meeting Details

The Investment and Borrowing Committee of the Board of Directors is scheduled to convene on Wednesday, March 11, 2026. The primary agenda involves considering and approving the raising of funds through the issuance of Non-Convertible Debentures/Bonds on a private placement basis.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by notifying both major stock exchanges. The announcement was made pursuant to Regulation 29 (1) (d) read with Regulation 50 (1) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Exchange Communication

UGRO Capital communicated the meeting details to both BSE Limited and National Stock Exchange of India Limited. The company emphasized that this information has been made available on its official website at www.ugrocapital.com for stakeholder access.

The notification was signed by Satish Kumar, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed in the disclosure process.

UGRO Capital has announced its decision to modify the acquisition agreement for Datasigns Technologies Private Limited (DTPL), the company operating the MyShubhLife platform. The revised deal structure reflects a strategic shift from the original cash-share arrangement to an all-cash payment model with reduced consideration.

Revised Acquisition Structure

The company has modified its plan to acquire the entire stake in Datasigns Technologies, moving away from the previous ₹45 crore cash-share arrangement to a streamlined ₹38.23 crore all-cash transaction. This change represents both a reduction in total consideration and a simplification of the payment structure.

MyShubhLife Platform Performance

The MyShubhLife platform has demonstrated strong operational performance since UGRO's partnership with DTPL began 15 months ago. The platform serves as a crucial component of UGRO's embedded finance ecosystem, enabling digital partnerships with various platforms and ecosystems to originate credit for MSMEs and small merchants.

Strategic Benefits

The revision in consideration structure has been undertaken as part of UGRO Capital's capital allocation approach, specifically designed to avoid equity dilution while completing the acquisition. The all-cash structure eliminates the complexity of share swaps and provides cleaner transaction mechanics.

The MyShubhLife platform integration aligns with UGRO's strategic realignment, which places strong emphasis on embedded finance and digital ecosystem partnerships as a key growth pillar. Upon completion of the remaining closing formalities, Datasigns Technologies Private Limited will become a wholly owned subsidiary of UGRO Capital Limited.

The company has confirmed that it will make further intimation to the stock exchanges in accordance with applicable regulations once the acquisition formalities are completed. This acquisition represents a significant step in UGRO Capital's digital transformation and embedded finance strategy.