UGRO Capital Allots Commercial Papers Worth Rs. 22,02,25,690 Under Regulation 30

UGRO Capital has allotted Commercial Papers (CPs) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Investment and Borrowing Committee of the Board of Directors approved the allotment on Thursday, May 7, 2026. The disclosure was made to BSE Limited and the National Stock Exchange of India Limited, and the information has also been made available on the company's website.

Commercial Paper Allotment Details

The allotment covers Commercial Papers proposed to be listed, with Yes Bank Limited, Mumbai, serving as the Issuing and Paying Agent (IPA). The key details of the issuance are presented below:

Parameter:	Details
Description of Security:	Commercial Papers
Listed/Unlisted:	Proposed to be listed
Allotment Date:	7th May 2026
Redemption Date:	3rd November 2026
Tenure:	180 days
Face Value per Security (Rs.):	5,00,000/-
Issue Price per Security (Rs.):	4,78,751.50/-
Issue Value (Rs.):	22,02,25,690/-
Redemption Value (Rs.):	23,00,00,000/-
Name of IPA:	Yes Bank Limited, Mumbai

Regulatory Compliance

The allotment was carried out in accordance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Satish Kumar, Company Secretary and Compliance Officer of UGRO Capital, on May 7, 2026. The company's registered office is located at B-17, Fourth Floor, Art Guild House, Phoenix Market City, Kurla (West), Mumbai- 400070.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.66%	-1.92%	+15.75%	-39.43%	-36.68%	-4.47%

UGRO Capital Limited has announced a change in its senior management, disclosing the resignation of Mr. Sharad Agarwal as Chief Operations & Technology Officer and the appointment of Mr. Satyabrata Mohapatra as Chief Operations Officer, both effective May 5, 2026. The disclosure was made pursuant to Regulation 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The key changes in senior management are summarised below:

Parameter:	Mr. Satyabrata Mohapatra	Mr. Sharad Agarwal
Change Type:	Appointment as Chief Operations Officer	Resignation as Chief Operations & Technology Officer
Effective Date:	May 5, 2026	May 5, 2026 (cessation as per contract/company's policy)

Mr. Agarwal, in his resignation letter addressed to the Chief Executive Officer, stated that he is pursuing an alternate career opportunity. He confirmed that he will serve his notice period as per the contract/company's policy and will ensure a smooth transition and handover of the function.

Profile of the Incoming Chief Operations Officer

Mr. Satyabrata Mohapatra has been with UGRO Capital for over four years, serving as Head - Operations and Customer Service prior to this appointment. During his tenure, he has been instrumental in building and scaling the Operations and Customer Service functions. He has managed a broad range of operational areas, including:

Branch Operations
Central Operations
Co-lending Operations
Treasury Operations
P&A/SCF Operations
Audit

Before joining UGRO Capital, Mr. Mohapatra served as Central Head - Retail Asset Operations at Aditya Birla Housing Finance Ltd. He brings 20 years of work experience to his new role. Mr. Mohapatra holds an Advanced Diploma in Networking & Software from NIIT Hyderabad and a Bachelor of Science (B.Sc.) degree.

Regulatory Disclosure

The intimation was signed by Satish Kumar, Company Secretary and Compliance Officer of UGRO Capital, and has been uploaded on the company's website. The disclosure includes the details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, pertaining to changes in senior management.