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.

UGRO Capital Limited has announced the allotment of unlisted commercial papers worth Rs 20 crores. The Investment and Borrowing Committee of the Board of Directors approved this issuance on February 26, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The commercial papers feature specific terms and conditions designed for short-term funding requirements. Each security carries a face value of Rs 5,00,000 with an issue price of Rs 4,89,381 per security.

Financial Structure

The total issue value amounts to Rs 19,57,52,400, while the redemption value is set at Rs 20,00,00,000. This structure reflects the discount pricing typical of commercial paper instruments, where investors purchase at a discount and receive the full face value at maturity.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by informing both BSE Limited and National Stock Exchange of India Limited about this allotment. The information has been made available on the company's official website at www.ugrocapital.com for stakeholder access.

The commercial papers represent a short-term debt instrument that will mature in 90 days from the allotment date, providing the company with immediate capital while offering investors a fixed-term investment opportunity with Yes Bank Limited serving as the designated Issue and Paying Agent.