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More news about UGRO Capital

Ugro Capital approves ₹24.30 crore commercial paper allotment

Ugro Capital approved allotment of ₹24.30 crore in commercial papers. Securities carry a tenure of 118 days, maturing on January 5, 2027. Issue price per security is ₹486,016 against a face value of ₹5,00,000. Yes Bank Limited acts as the Issue Price Administrator. Disclosure made under Regulation 30 of SEBI Listing Regulations.

28Aug 26

Ugro Capital raises ₹380 crore via NCDs at 10.20% coupon rate

Ugro Capital allotted ₹380 crore of senior secured NCDs via private placement. Instruments carry a 10.20% annual coupon payable semi-annually. Five-year tenor matures on August 28, 2031 with staggered principal repayments. Secured by first-ranking charge over assets valued at 1.1x outstanding dues.

18Aug 26

Ugro Capital dispatches physical merger meeting notices to stakeholders

Ugro Capital Limited has dispatched physical letters to stakeholders without registered emails, providing access to notices for the September 22, 2026 amalgamation meetings with Profectus Capital Private Limited. The update ensures all equity shareholders, secured creditors, and unsecured creditors can participate in the VC/OAVM meetings mandated by the NCLT order dated August 6, 2026. The merger aims to enhance capital adequacy to 23-24% from 21% on a standalone basis.

17Aug 26

Ugro Capital allots ₹48.9 crore commercial papers for 91-day tenure

Ugro Capital Limited executed a short-term funding strategy by allotting commercial papers valued at ₹48,902,700. The issuance, approved by the Investment and Borrowing Committee on August 17, 2026, involves securities with a 91-day tenure maturing on November 16, 2026. Each security carries a face value of ₹5,00,000, issued at ₹489,027. Yes Bank Limited facilitated the placement as the issue and placing agent. The move aligns with standard corporate treasury practices for managing working capital requirements.

07Aug 26

NCLT Mumbai Directs Stakeholder Meetings for Scheme of Amalgamation Between Profectus Capital and UGRO Capital

The NCLT Mumbai Bench, vide its order dated 6th August 2026, has directed the convening of stakeholder meetings within 90 days for the proposed Scheme of Amalgamation between Profectus Capital Private Limited (Transferor) and UGRO Capital Limited (Transferee). The Scheme, approved by both Boards on 8th January 2026 with an Appointed Date of 1st April 2026, involves the merger of wholly owned subsidiary PCPL into UGRO Capital, with no new shares to be issued as consideration. Key approvals have been secured, including RBI approval dated 25th February 2026 and no-objection letters from NSE and BSE dated 9th July 2026 and 10th July 2026 respectively. Meetings of equity shareholders of the First Applicant Company have been dispensed with following 100% consent, while meetings for remaining stakeholder classes across both companies are directed to be held via VC/OAVM.

05Aug 26

Ugro Capital net profit rises 78% YoY in Q1FY26 on tax benefit

Ugro Capital's Q1FY26 standalone net profit rose 78% YoY to ₹60.71 lakh due to a ₹12.05 lakh deferred tax benefit from switching to a concessional tax regime. Consolidated net profit grew 33% QoQ to ₹67.87 lakh. The Board approved Beacon Investor as the new RTA and noted progress in the amalgamation of subsidiary Profectus Capital.

05Aug 26

Ugro Capital makes Q1FY26 earnings call audio available for investors

Ugro Capital Limited has made the audio recording of its Q1FY26 earnings call publicly available. The call, held on August 5, 2026, discussed unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The disclosure was made pursuant to Regulation 30 of SEBI LODR Regulations, with the link submitted to BSE and NSE.

04Aug 26

Ugro Capital GROx disburses ₹1,853 crore in Q1FY27

Ugro Capital reported Q1FY27 net profit of ₹607 million, up 78% YoY, fueled by GROx platform disbursements of ₹1,853 crore. Total net disbursements rose 59% to ₹2,551 crore. Asset quality strengthened with Gross Stage 3 ratios declining, and cost optimization efforts reduced operating expenses by 42%.

04Aug 26

Ugro Capital records highest monthly disbursement of over ₹1,000 crores in July 2026

Ugro Capital Limited disclosed a record monthly disbursement of over ₹1,000 crores for July 2026, marking a significant operational milestone. This achievement highlights the effectiveness of its diversified distribution strategy through Emerging Markets and Embedded Finance verticals.

03Aug 26

Ugro Capital confirms four-stage NCD partial redemption schedule

Ugro Capital Limited clarified its NCD redemption plan for ISIN INE583D07554, detailing a four-stage partial repayment from Aug 2026 to Feb 2029. Each stage reduces the face value by ₹25,000, starting from ₹100,000. The clarification resolves previous ambiguities regarding the June 2026 filing.

18Jul 26

Ugro Capital files NCLT application for amalgamation with Profectus Capital

Ugro Capital and Profectus Capital filed a Company Application for amalgamation with NCLT Mumbai on July 16, 2026, after receiving 'no objection' letters from BSE and NSE. The exchanges' approvals, valid for six months, follow SEBI directions mandating full disclosure of adjudication and enforcement actions. The scheme requires adherence to specific SEBI conditions regarding financials, liabilities, and disclosures to NCD holders, and remains subject to shareholder, creditor, and NCLT approvals.

15Jul 26

Ugro Capital raises ₹28.79 Cr via commercial papers

Ugro Capital raised ₹28.79 crore through the allotment of Commercial Papers on July 13, 2026. The 170-day instrument, maturing on December 30, 2026, was approved by the Investment and Borrowing Committee. Yes Bank Limited acted as the Issue and Paying Agent for the transaction.

06Jul 26

ACM Global Fund VCC cuts stake in Ugro Capital to 4.88%

ACM Global Fund VCC reduced its stake in Ugro Capital Limited from 5.91% to 4.88% by selling 1,590,909 shares on July 2, 2026. The open market transaction was disclosed to BSE and NSE on July 6, 2026, under SEBI takeover regulations.

03Jul 26

Ugro Capital allots ₹38.66 Cr commercial papers

Ugro Capital allotted commercial papers worth ₹38.66 crore on July 2, 2026, with a tenure of 141 days maturing on November 20, 2026. The papers, issued at a discount, are proposed to be listed on exchanges.

25Jun 26

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.

23Jun 26

Ugro Capital raises ₹24.45 Cr via commercial papers

Ugro Capital raised ₹24.45 Cr through the allotment of Commercial Papers on June 22, 2026, maturing on September 21, 2026. The 91-day instruments were issued at ₹4,89,027 per security against a face value of ₹5,00,000, with Yes Bank Limited acting as the Issue and Paying Agent.

16Jun 26

Ugro Capital allots commercial papers worth ₹14.67 Cr

Ugro Capital allotted Commercial Papers worth ₹14.67 Cr on June 15, 2026, to raise short-term funds. The Investment and Borrowing Committee of the Board of Directors approved the issuance, which carries a tenure of 92 days and matures on September 15, 2026. The papers are proposed to be listed, providing transparency in the borrowing process.

03Jun 26

UGRO Capital AGM passes six resolutions, rejects compensation plan

UGRO Capital Limited held its 33rd Annual General Meeting on May 29, 2026, via video conferencing, concluding at 11:13 A.M. IST. Shareholders approved six resolutions, including the adoption of financial statements for the year ended March 31, 2026, the re-appointment of Mr. Rohit Goyal as a director, and the appointment of G.P. Kapadia and Co. as statutory auditors. A special resolution regarding variable compensation for Mr. Shachindra Nath was rejected for failing to meet the required three-fourths majority, though his re-appointment as Vice Chairman and Managing Director was approved.

27May 26

UGRO Capital allots ₹200 crore NCDs at 9.75% coupon

UGRO Capital allotted 2,00,000 secured, rated, and senior NCDs worth ₹200 crore via private placement on May 26, 2026. The debentures carry a 9.75% coupon rate payable monthly and mature on November 26, 2027. The issue is secured by a floating charge on assets and is proposed to be listed on BSE Limited.

19May 26

UGRO Capital Allots Rs 10 Cr Unlisted Commercial Papers

UGRO Capital allotted unlisted Commercial Papers worth Rs. 10 Crores on May 15, 2026, approved by its Investment and Borrowing Committee. The papers have a tenure of 122 days, a face value of Rs. 5,00,000 per security, and Yes Bank Limited serves as the Issuing and Paying Agent.

09May 26

UGRO Capital Confirms 33rd AGM Notice Dispatch; Meeting Scheduled for May 29, 2026

UGRO Capital published its 33rd AGM notice in Business Standard and Navshakti on May 8, 2026, under Regulation 30 and 47 of SEBI LODR Regulations. The AGM is set for May 29, 2026, via VC/OAVM, with agenda items covering MD Shachindra Nath's re-appointment for five years, appointment of M/s G.P. Kapadia & Co. as statutory auditors, ESOP extension to subsidiaries, and adoption of FY 2025-26 financial statements reflecting total revenue of Rs. 1,84,039.62 lakhs.

07May 26

UGRO Capital Announces Senior Management Change: Satyabrata Mohapatra Appointed as Chief Operations Officer

UGRO Capital Limited announced senior management changes effective May 5, 2026, with Sharad Agarwal resigning as Chief Operations & Technology Officer to pursue alternate career opportunities, and Satyabrata Mohapatra — a four-year veteran of the company with 20 years of industry experience — being appointed as the new Chief Operations Officer. The disclosure was made pursuant to SEBI Listing Regulations.

01May 26

UGRO Capital Issues Corrigendum to Audited Financial Results for FY26

UGRO Capital Limited submitted a corrigendum to its audited financial results for FY26 on April 30, 2026, addressing an inadvertent disclosure error in note 8 of standalone results without affecting any financial figures. The company reported standalone total income of Rs. 1,84,039.62 lakh with profit of Rs. 11,336.77 lakh, while consolidated total income reached Rs. 2,02,111.13 lakh with profit of Rs. 17,481.42 lakh for the year ended March 31, 2026.

27Apr 26

Poshika Financial Ecosystem Increases Stake in UGRO Capital Through Open Market Acquisitions

Poshika Financial Ecosystem Pvt. Ltd. acquired 13,79,374 shares (0.89%) of UGRO Capital through open market purchases on April 23-24, 2026, at average prices of ₹110.94 and ₹107.65 per share respectively. Combined with a previous acquisition of 4,75,000 shares, the total cumulative acquisition represents 1.20% of the company's share capital. Following these transactions, Poshika's total shareholding increased to 44,77,061 shares or 2.88% of UGRO Capital's diluted share capital of 15,54,88,317 shares.

23Apr 26

UGRO Capital FY26 PAT ₹174.8 Cr, Board Approves ₹3,000 Cr NCDs

[UGRO Capital](https://scanx.trade/company/ugro-capital-ltd) reported audited financial results for FY26 with quarterly PAT of ₹51.1 crore, up 26% year-on-year, and full-year PAT reaching ₹174.8 crore, a 21% increase. Net Total Income grew 51% to ₹348 crore in Q4FY26 and 31% to ₹1,067 crore for the full year. Assets under management stood at ₹15,334 crore as of March 31, 2026. The Board approved ₹3,000 crore NCD issuance, re-appointment of Shachindra Nath as Vice Chairman and Managing Director for five years, and appointment of new statutory auditors. The 33rd AGM is scheduled for May 29, 2026.

22Apr 26

UGRO Capital Submits Q4FY26 Earnings Conference Call Recording to Exchanges

UGRO Capital has completed its Q4FY26 earnings conference call and submitted the audio recording to BSE and NSE in compliance with SEBI regulations. The call, held on April 21, 2026, featured senior management discussing audited financial results for the quarter and year ended March 31, 2026, with the recording now accessible on the company's investor relations website.

21Apr 26

UGRO Capital Sets Ambitious 85% AUM Growth Target by FY29 with Strong ROA Commitment

UGRO Capital has announced strategic targets including 85% AUM growth by FY29 while maintaining ROA between 3%-3.5%. The company commits to achieving these goals without equity dilution through FY29, demonstrating confidence in its operational efficiency and capital management capabilities.

10Apr 26

UGRO Capital Submits Quarterly Compliance Certificate for Q4 FY26

UGRO Capital Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26, confirming proper handling of dematerialised securities. The certificate from registrar MUFG Intime India Private Limited validates compliance with depository participant regulations and securities management processes.

10Apr 26

UGRO Capital Allots Commercial Papers Worth ₹38.31 Crore with 183-Day Tenure

UGRO Capital Limited has successfully allotted commercial papers worth ₹38,30,97,600 on April 09, 2026, with a 183-day tenure and redemption scheduled for October 09, 2026. The papers carry a face value of ₹5,00,000 per security and were issued at ₹4,78,872 per security, with a total redemption value of ₹40,00,00,000. Yes Bank Limited serves as the Issue and Paying Agent, and the papers are proposed to be listed for trading.

01Apr 26

Poshika Financial Ecosystem Acquires 4.75 Lakh UGRO Capital Shares Through Open Market Purchase

Poshika Financial Ecosystem Pvt. Ltd. acquired 4,75,000 equity shares of UGRO Capital Limited through open market purchase on 27 March 2026, representing 0.31% of the total share capital. The transaction increased Poshika Financial's total shareholding from 1.69% to 1.99% of UGRO Capital's diluted share capital. The acquisition was disclosed voluntarily under SEBI takeover regulations as it did not exceed the mandatory 2% threshold, demonstrating the company's commitment to transparency and good corporate governance practices.

31Mar 26

UGRO Capital Allots Unlisted Commercial Papers Worth Rs. 25 Crores

UGRO Capital Limited has successfully allotted unlisted commercial papers worth Rs. 25 crores on March 30, 2026, with a short tenure of 9 days maturing on April 8, 2026. The securities were issued at Rs. 4,98,893 per unit against a face value of Rs. 5,00,000, with Yes Bank Limited serving as the issuing and paying agent.

30Mar 26

UGRO Capital: PAC Group Files Delayed SAST Disclosure After Crossing 5% Shareholding Threshold

A PAC group led by Zodiac Wealth Advisors LLP filed a delayed SAST disclosure after crossing 5.03% shareholding in UGRO Capital on February 09, 2026. The group holds 79,52,860 shares across 23 entities and filed the disclosure 33 working days late on March 27, 2026. They clarified the investment is for long-term purposes with no control acquisition intent and no relationship to the promoter group.

28Mar 26

UGRO Capital Allots USD 20 Million Senior Secured Foreign Currency Bonds Through Private Placement

UGRO Capital Limited has allotted USD 20 million senior secured foreign currency bonds through private placement on March 27, 2026. The bonds feature USD 10,000 face value each, 48-month tenure, and 300 basis points plus Term SOFR coupon rate with semi-annual payments. The facility is secured by first ranking charge over book debts with 110% security cover and will be listed on India International Exchange IFSC Limited.

28Mar 26

UGRO Capital Allots Non-Convertible Debentures Worth ₹181.10 Crores Through Private Placement

UGRO Capital Limited completed the allotment of NCDs worth ₹181.10 crores through private placement on March 27, 2026, comprising Series I (₹46.10 crores at 13.25% interest) and Series II (₹135 crores at 9.50% interest). The debentures feature different tenure structures and security arrangements, with both series proposed for BSE listing.

25Mar 26

UGRO Capital Allots Rs. 25 Crore Unlisted Commercial Papers with 13-Day Tenure

UGRO Capital Limited allotted unlisted commercial papers worth Rs. 25 crores on March 24, 2026, with approval from its Investment and Borrowing Committee. The securities carry a 13-day tenure with redemption on April 6, 2026, featuring a face value of Rs. 5,00,000 and issue price of Rs. 4,98,438 per security. Yes Bank Limited serves as the issuing and paying agent, with total issue value of Rs. 24,92,19,000 and redemption value of Rs. 25,00,00,000.

21Mar 26

UGRO Capital Approves ₹205 Crore NCD Issuance in Committee Meeting Outcome

UGRO Capital successfully concluded its committee meeting on March 21, 2026, approving Non-Convertible Debentures issuance up to ₹205 crores through private placement. The approval includes two distinct tranches: secured NCDs worth up to ₹155 crores with 9.50% interest rate and monthly payments, and unsecured subordinated NCDs worth up to ₹50 crores offering 13.25% interest with semi-annual payments.

20Mar 26

UGRO Capital Allots Commercial Papers Worth ₹14.67 Crore with 90-Day Tenure

UGRO Capital Limited's Investment and Borrowing Committee approved commercial paper allotment worth ₹14.67 crore on March 20, 2026. The 90-day tenure securities carry a face value of ₹5 lakh per unit with issue price of ₹4.89 lakh, maturing on June 18, 2026, with total redemption value of ₹15 crore and Yes Bank Limited as the Issue and Paying Agent.

18Mar 26

UGRO Capital Completes Acquisition of MyShubhLife, Making it Wholly Owned Subsidiary

UGRO Capital Limited has completed the acquisition of 100% shares in Datasigns Technologies Private Limited (MyShubhLife) on March 18, 2026, making it a wholly owned subsidiary. The transaction was executed through an Amended and Restated Share Purchase Agreement dated March 5, 2026, and has also resulted in Ekagrata Finance Private Limited becoming a step-down subsidiary. The acquisition strengthens UGRO Capital's market position and expands its operational capabilities in the financial services sector.

18Mar 26

UGRO Capital Allots ₹45 Crore Non-Convertible Debentures Through Private Placement

UGRO Capital Limited completed the allotment of ₹45 crore non-convertible debentures through private placement on March 18, 2026. The issue comprises 45,000 NCDs with ₹10,000 face value each, carrying 9.50% annual interest payable monthly. The 13-month tenure debentures mature on April 18, 2027, and are secured by equity share pledge, proposed for BSE listing.

13Mar 26

UGRO Capital Limited Relocates Registered Office Within Mumbai

UGRO Capital Limited has relocated its registered office within Mumbai from Equinox Business Park to Art Guild House, Phoenix Market City, both in Kurla West. The Board of Directors approved this change on March 13, 2026, with the relocation taking effect the same day. The company has informed stock exchanges in compliance with SEBI regulations, and both locations remain within the local limits of Mumbai.

13Mar 26

UGRO Capital Shareholders Approve Appointment of New Non-Executive Director Through Postal Ballot

UGRO Capital Limited successfully completed its postal ballot process for appointing Mr. Ramanathan Subramanian Arun Kumar as Non-Executive Nominee Director, receiving 99.9705% shareholder approval. The e-voting process from February 11-March 12, 2026, saw 153 members representing 47,785,103 shares participate out of 39,144 total shareholders. The resolution was scrutinized by CS Pankaj Kumar Nigam and deemed passed with requisite majority, demonstrating strong shareholder confidence in the company's governance decisions.

11Mar 26

UGRO Capital Approves ₹465 Crore Debt Fundraising Through NCDs And Bonds

UGRO Capital Limited's Investment and Borrowing Committee approved a multi-tranche debt fundraising plan worth up to ₹465 crores and USD 20 million through various Non-Convertible Debentures and Bonds. The approved instruments include secured NCDs of ₹300 crores, subordinated NCDs of ₹65 crores, and foreign currency bonds of USD 20 million with different tenures, interest rates, and security structures on private placement basis.

06Mar 26

UGRO Capital Modifies MyShubhLife Platform Acquisition Agreement to ₹38.23 Crores

UGRO Capital has revised its acquisition agreement for Datasigns Technologies Private Limited, operator of the MyShubhLife platform, reducing the total consideration from ₹45 crores to ₹38.23 crores and switching to an all-cash payment structure. The modification eliminates equity dilution and simplifies the transaction while supporting UGRO's embedded finance strategy, with the platform currently managing approximately ₹1,720 crores in AUM.

26Feb 26

UGRO Capital Allots Unlisted Commercial Papers Worth Rs 20 Crores with 90-Day Tenure

UGRO Capital Limited allotted unlisted commercial papers worth Rs 20 crores on February 26, 2026, approved by its Investment and Borrowing Committee. The securities feature a face value of Rs 5,00,000 per unit with an issue price of Rs 4,89,381, carrying a 90-day tenure until redemption on May 27, 2026. The total issue value stands at Rs 19,57,52,400 with a redemption value of Rs 20,00,00,000, with Yes Bank Limited serving as the Issue and Paying Agent.

26Feb 26

UGRO Capital Receives RBI Approval for Amalgamation with Wholly Owned Subsidiary Profectus Capital

UGRO Capital Limited has received the Reserve Bank of India's 'No Objection' for its Scheme of Amalgamation with wholly owned subsidiary Profectus Capital Private Limited. The RBI approval, dated February 25, 2026, follows the company's application submitted on January 9, 2026, after board approval on January 8, 2026. While this represents a significant regulatory milestone, the amalgamation scheme still requires approvals from the National Company Law Tribunal, other applicable authorities, and shareholders and creditors of both companies.

25Feb 26

UGRO Capital Allots Unlisted Commercial Papers Worth Rs 50 Crores

UGRO Capital Limited allotted unlisted commercial papers worth Rs 50 crores on February 25, 2026, with approval from its Investment and Borrowing Committee. The securities carry a 49-day tenure with face value of Rs 5,00,000 per unit and issue price of Rs 4,94,162 per security. The commercial papers are scheduled for redemption on April 15, 2026, with Yes Bank Limited serving as the Issuing and Paying Agent.

13Feb 26

UGRO Capital Confirms Timely Interest Payments on Non-Convertible Debentures Worth Rs. 3.62 Crore

UGRO Capital Limited successfully completed interest payments totaling Rs. 3.62 crore on three NCD series with a combined issue size of Rs. 385 crore. All payments were made on February 13, 2026, ahead of their respective due dates, demonstrating strong debt servicing capabilities. The company maintains a monthly interest payment frequency across all three debenture series and reported no payment delays or schedule changes.

09Feb 26

UGRO Capital Clarifies Q3FY26 Financial Performance and Strategic Business Operations

UGRO Capital provided additional information on Q3FY26 results following investor queries, explaining that Direct Assignment transactions at wholly-owned subsidiary Profectus impacted standalone financial performance. While standalone PAT declined significantly QoQ, consolidated results remained robust, with the company advising stakeholders to evaluate performance using consolidated financials for accurate assessment.

30Jan 26

UGRO Capital Receives CareEdge B+/Stable Rating for USD 50 Million External Commercial Borrowing

CareEdge Global has assigned a 'CareEdge B+/Stable' rating to UGRO Capital's USD 50 million External Commercial Borrowing, reflecting strong business fundamentals with Rs 12,226 crore AUM and 70% secured portfolio. While the company demonstrates robust diversification and exceptional growth, moderate asset quality metrics and elevated operating costs have kept profitability subdued at 1.9% ROA for FY25.

23Jan 26

UGRO Capital Submits Q3FY26 ALM Statement Compliance Filing to Stock Exchanges

UGRO Capital Limited has submitted its Q3FY26 Asset Liability Management statement to stock exchanges in compliance with SEBI regulations. The NDSI NBFC reported total outflows of 790,748.05 lakhs against inflows of 963,048.81 lakhs, resulting in a positive cumulative mismatch of 172,300.76 lakhs. The comprehensive filing includes detailed liquidity analysis across various maturity buckets and off-balance sheet exposures as submitted to RBI.

16Jan 26

UGRO Capital Allots 1,00,500 Equity Shares Under Employee Stock Option Scheme

UGRO Capital Limited completed the allotment of 1,00,500 equity shares under its CSL Employee Stock Option Scheme 2017 on January 16, 2026, with shares priced at ₹130.00 each including a premium of ₹120.00. The allotment increased the company's paid-up share capital from ₹155.10 crores to ₹155.20 crores, bringing the total equity shares to 15,51,96,436. The newly issued shares rank pari-passu with existing equity shares and were allotted in demat form with no lock-in restrictions, demonstrating successful employee participation in the company's growth story.

09Jan 26

UGRO Capital Board Approves Scheme to Merge Subsidiary Profectus Capital

UGRO Capital Limited's board approved the amalgamation scheme of wholly-owned subsidiary Profectus Capital Private Limited on January 8. The merger, subject to NCLT sanction and multiple regulatory approvals, aims to create a stronger entity with higher secured assets proportion. The consolidation is expected to reduce management overlaps, lower compliance costs, and enhance organizational capabilities through pooled resources.

08Jan 26

UGRO Capital Board Approves Amalgamation of Wholly-Owned Subsidiary Profectus Capital

UGRO Capital Limited's board approved amalgamation of wholly-owned subsidiary Profectus Capital Private Limited on January 8, 2026, creating operational synergies in MSME financing. The merger requires NCLT and regulatory approvals. The board also increased commercial paper borrowing limit from ₹500 crore to ₹800 crore to support business expansion.

08Jan 26

UGRO Capital Board Approves Amalgamation with Wholly Owned Subsidiary PCPL

UGRO Capital Limited's board approved amalgamation with wholly owned subsidiary Profectus Capital Private Limited on January 8, 2026, subject to multiple regulatory approvals including NCLT, SEBI, and RBI. The merger combines two NBFC entities focused on MSME financing, with PCPL reporting ₹216.38 crores revenue and UGRO Capital recording ₹869.40 crores for half-year ended September 30, 2025. The board also increased commercial paper borrowing limits from ₹500 crores to ₹800 crores.

08Jan 26

UGRO Capital Approves Merger With Profectus Capital

UGRO Capital has secured approval for its merger with Profectus Capital, representing a strategic consolidation move in the financial services sector. The merger approval marks a significant corporate development milestone and is expected to create operational synergies between the two entities.

05Jan 26

UGRO Capital Board to Review Profectus Capital Amalgamation and Commercial Paper Limit Enhancement

UGRO Capital has scheduled a board meeting for January 8 to review two key corporate initiatives. The agenda includes examining the amalgamation of subsidiary Profectus Capital and discussing an increase in commercial paper issuance limits. These strategic moves could enhance operational efficiency through corporate restructuring while providing greater financial flexibility through expanded short-term funding options.

05Jan 26

UGRO Capital Board Meeting on Jan 8 to Consider Profectus Amalgamation

UGRO Capital Limited announced a board meeting for January 8, 2026, to consider the amalgamation of its wholly owned subsidiary Profectus Capital Private Limited under sections 230-232 of the Companies Act, 2013. The meeting agenda also includes increasing Commercial Paper issuance limits and other matters. Trading window restrictions are in effect until 48 hours after Q3 results declaration, with extended restrictions for merger-related UPSI holders.

24Dec 25

UGRO Capital Re-opens ₹100 Crore Non-Convertible Debentures Issuance

UGRO Capital has decided to re-open its ₹100 crore Non-Convertible Debentures issuance under Series 2, reversing its withdrawal decision made on December 22, 2025. The NCDs maintain their original attractive structure with 9.50% annual coupon rate, monthly payments, 15-month tenure, and additional green shoe option of ₹100 crores, providing the company flexibility in debt market fundraising.

18Dec 25

UGRO Capital Receives Credit Rating Affirmations Following Profectus Capital Acquisition

UGRO Capital has received positive credit rating actions from India Ratings and CRISIL following its acquisition of Profectus Capital Private Limited. India Ratings affirmed ratings at IND A-/Positive outlook, while CRISIL reaffirmed ratings with a Stable outlook. The acquisition, completed for ₹1,398.60 crores, enhances UGRO's market position in MSME lending, with consolidated AUM estimated at ₹15,000 crores. The company's AUM grew to ₹12,226 crores in H1 FY26, with a capital base of ₹2,463 crores and a capital adequacy ratio of 25.40%. Rating agencies highlighted UGRO's strong franchise growth, adequate capital buffers, and diversified exposure as key strengths.

17Dec 25

UGRO Capital Allots 5.34 Lakh Equity Shares Following CCD Conversion

UGRO Capital completed the allotment of 5,34,088 equity shares following mandatory conversion of CCDs after their 18-month tenure expired. The company's share capital increased to Rs. 154.71 crore, while 2.05 crore warrants lapsed due to non-exercise by holders. The company also clarified previous typographical errors in warrant lapse disclosures.

17Dec 25

UGRO Capital Committee Approves ₹200 Cr NCD Issue With ₹500 Cr Oversubscription

UGRO Capital's Investment and Borrowing Committee formally approved the issuance of non-convertible debentures worth ₹200 crores with oversubscription facility up to ₹500 crores. The approval covers four series of NCDs with tenures ranging from 13 to 24 months, structured for private placement with quarterly interest payments and listing on BSE Limited.

16Dec 25

UGRO Capital Allots EUR 10 Million Non-Convertible Bonds Through Private Placement

UGRO Capital Limited has allotted EUR-denominated non-convertible bonds worth EUR 10 million through private placement. The company issued 1,000 senior, unsecured bonds with a face value of EUR 10,000 each. The bonds have a 6.00% coupon rate, payable semi-annually, with a 60-month tenure. They will be redeemed in three equal installments and are proposed to be listed on NSE IFSC Limited.

16Dec 25

UGRO Capital Allots ₹150 Crore NCDs with 9.99% Coupon Rate and 42-Month Tenure

UGRO Capital's Investment Committee approved the allotment of 1.5 lakh non-convertible debentures worth ₹150 crore with a 9.99% annual coupon rate and 42-month tenure. The NCDs feature monthly interest payments, BSE listing, and robust security arrangements with 1.10x minimum cover over loan receivables, demonstrating the company's effective debt market access.

12Dec 25

UGRO Capital Allots 15.89 Lakh Equity Shares Following CCD Conversion

UGRO Capital has allotted 15,89,170 equity shares following the conversion of Compulsory Convertible Debentures (CCDs) on December 12, 2025. The conversion price was set at ₹185 per share, including a premium of ₹175. This allotment increases the company's total issued, subscribed, and paid-up equity share capital from 15,25,83,495 to 15,41,72,665 shares, representing an increase of ₹1.59 crores in share capital.

10Dec 25

UGRO Capital Allots ₹50 Crore Commercial Papers with 33-Day Tenure

UGRO Capital Limited allotted unlisted commercial papers worth ₹50 crores on December 10, 2025, with a 33-day tenure ending January 12, 2026. The papers were issued at ₹4,95,964.50 per security against a face value of ₹5,00,000, raising ₹49.60 crores. Yes Bank Limited serves as the issuing and paying agent for this short-term debt instrument.

05Dec 25

UGRO Capital Announces Equity Share Allotment Under ESOP

UGRO Capital Limited, an NBFC focusing on MSME lending, has allotted 169,000 equity shares under its Employee Stock Option Plan (ESOP) on March 18, 2024. The shares have a face value of Rs. 10 each. This allotment has increased the company's paid-up share capital from 71,131,786 to 71,300,786 equity shares, representing a 0.24% increase in outstanding shares. The ESOP allotment aims to align employee interests with shareholders, attract talent, and provide additional compensation to key personnel.

03Dec 25

UGRO Capital's Debt Instruments Maintained on Rating Watch with Positive Implications by India Ratings

India Ratings and Research (Ind-Ra) has maintained UGRO Capital's debt instruments on Rating Watch with Positive Implications while affirming its commercial paper ratings. This decision is influenced by UGRO Capital's ongoing acquisition of Profectus Capital Private Limited (PCPL), for which RBI approval has been granted. UGRO Capital has shown significant growth over the past five years, with total assets increasing by 422.47% to INR 9,168.30 crore. The company's bank loans, non-convertible debentures, and subordinated debt remain on Rating Watch Positive, while its commercial paper is affirmed at IND A1+.

20Nov 25

UGRO Capital Allots Rs. 110 Crore Commercial Papers with 18-Day Tenure

UGRO Capital Limited has allotted unlisted commercial papers worth Rs. 110 crores. The Investment and Borrowing Committee approved the allotment on November 20, 2025. The CPs have a face value of Rs. 5,00,000 per security, an issue price of Rs. 4,97,790.50, and a redemption value of Rs. 1,10,00,00,000. The securities have an 18-day tenure, maturing on December 8, 2025. This short-term borrowing strategy aims to manage the company's immediate liquidity needs.

17Nov 25

UGRO Capital Boosts Tier II Capital with INR 50 Crore Non-Convertible Debentures

UGRO Capital, an NBFC, has issued non-convertible debentures (NCDs) worth INR 50 crore to strengthen its capital base. The company allotted 5,000 unsecured, rated, subordinated NCDs with a face value of INR 1,00,000 each, offering an 11.65% annual coupon rate payable monthly. The NCDs have a 66-month tenure, maturing on May 17, 2031, and are proposed to be listed on BSE Limited. This move aims to enhance UGRO Capital's Tier II capital, improving its capital adequacy ratio in compliance with RBI's Scale Based Regulation Directions, 2023.

14Nov 25

UGRO Capital Reports No Deviation in Fund Utilization for Preferential and Rights Issues

UGRO Capital Limited has submitted monitoring agency reports for Q3 2025, confirming proper utilization of funds from recent preferential and rights issues. The preferential issue raised INR 513.37 crores, fully utilized for loan portfolio growth, debt repayment, and corporate purposes. The rights issue raised INR 380.72 crores, with INR 360 crores used to augment capital base and fund business activities. The company also announced conversion of CCDs into equity shares and plans to consider raising funds through Non-Convertible Debentures.

13Nov 25

UGRO Capital Secures Rs. 100 Crore Through Commercial Paper Issuance

UGRO Capital Limited has raised Rs. 100 crore by issuing unlisted Commercial Papers (CPs). The allotment was approved on November 13, 2025, with a 365-day tenure. The CPs were issued at a discounted price of Rs. 4,61,894 per unit against a face value of Rs. 5 lakh, resulting in total issue proceeds of Rs. 92.38 crore. The redemption is scheduled for November 13, 2026, at a total value of Rs. 100.00 crore. Yes Bank Limited, Mumbai, serves as the issuing and paying agent.

07Nov 25

UGRO Capital Reports 20% AUM Growth, Focuses on Emerging Market and Embedded Finance

UGRO Capital, a DataTech NBFC focusing on MSME lending, announced Q2 FY26 results with 20% YoY AUM growth to ₹12,226.00 Cr and 22% PAT increase to ₹43.30 Cr. Total income rose 35% to ₹461.00 Cr. The company completed its Emerging Market expansion with 303 branches across 13 states. Its embedded finance platform, MyShubhLife, reached ₹1,270.00 Cr AUM. UGRO raised ₹535.00 Cr in equity for Profectus Capital acquisition. Asset quality remained strong with 2.4% GNPA and 100% collection efficiency in Q2.

07Nov 25

UGRO Capital Approves Rs 500 Crore Debenture Issue to Boost Tier II Capital

UGRO Capital, a leading NBFC, has approved the issuance of up to 5,000 non-convertible debentures (NCDs) worth Rs 500 crore, with an additional green shoe option of Rs 1,000 crore. The unsecured, rated, subordinated NCDs will have a face value of Rs 1 lakh per debenture and a tentative tenure of 66 months. The debentures, to be issued via private placement and listed on BSE, aim to strengthen the company's Tier II capital and enhance its capital adequacy in line with RBI regulations. The indicative interest rate is 11.65% per annum, payable monthly.

07Nov 25

UGRO Capital Reports 22% Surge in Q2 Net Profit, AUM Grows 20% YoY

UGRO Capital, an MSME-focused NBFC, reported strong Q2 results with net profit up 22% to Rs 433 million and revenue reaching Rs 4.55 billion. Assets Under Management grew 20% year-on-year to Rs 12,226 crore. Net disbursements were Rs 1,789 crore for Q2. The company maintained good asset quality with GNPA at 2.40% and NNPA at 1.50%. CRAR stood at 25.40%. UGRO expanded its co-lending and fintech partnerships, with 43% of AUM now off-book. The company expects improved profitability and operating leverage in upcoming quarters.

03Nov 25

Ugro Capital to Consider Fund Raising Through Non-Convertible Debentures on November 7

UGRO Capital Limited, a non-banking financial company, plans to explore fund-raising through non-convertible debentures (NCDs). The company's Investment and Borrowing Committee will meet on November 7, 2025, to consider and potentially approve this private placement. UGRO Capital, listed on BSE and NSE, focuses on lending activities. The company has also scheduled an earnings conference call for November 10, 2025, to discuss its unaudited financial results for Q2 and H1 FY2026.

28Oct 25

UGRO Capital Raises Rs 16.43 Crore Through Commercial Paper Issuance

UGRO Capital, a non-banking financial company, has raised Rs 16.43 crore by issuing Commercial Papers (CPs). The allotment was approved on October 28, 2025, with a maturity date of March 23, 2026. The CPs have a 146-day tenure and were issued at a discounted price of Rs 4,83,092 per security against a face value of Rs 5 lakh. The total redemption value at maturity will be Rs 17 crore. Yes Bank Limited, Mumbai, is appointed as the Issue and Paying Agent for the transaction.

25Oct 25

UGRO Capital Corrects Default Interest Rate in Upcoming Debenture Issuance

UGRO Capital Limited has issued a correction to stock exchanges regarding their upcoming Non-Convertible Debentures (NCDs) issuance. The default interest rate was amended from '2.00% (One Percent) per annum' to '2.00% (Two Percent) per annum'. The NCD issuance has a base size of INR 50 crores with a green shoe option of up to INR 150 crores. The indicative coupon rate is 11.65% per annum, with monthly interest payments and a tentative tenure of 66 months. The debentures are unsecured and will be listed on BSE Limited.

23Oct 25

UGRO Capital Unveils Plans for Non-Convertible Debentures Issue Worth Up to ₹200 Crore

UGRO Capital, an NBFC, plans to issue non-convertible debentures (NCDs) to raise up to ₹200 crore. The unsecured, rated, subordinated NCDs will be issued via private placement with a base issue size of ₹50 crore and a green shoe option of ₹150 crore. The NCDs will have a face value of ₹1,00,000 each, a tentative tenure of 66 months, and an indicative coupon rate of 11.65% p.a. payable monthly. The issue aims to enhance the company's Tier II capital and improve capital adequacy in line with RBI regulations.

10Oct 25

UGRO Capital Allots ₹14.45 Crore Commercial Papers with 158-Day Tenure

UGRO Capital has allotted commercial papers worth ₹14.45 crore with a face value of ₹5.00 lakh per security and an issue price of ₹4.81 lakh. The CPs have a tenure of 158 days, maturing on March 17, 2026, with a redemption value of ₹15.00 crore. The allotment date is October 10, 2025, and the ISIN is INE583D14709. Yes Bank Limited, Mumbai, serves as the issue and paying agent. The company plans to list these CPs, adhering to SEBI's disclosure requirements.

08Oct 25

UGRO Capital Approves Issuance of Non-Convertible Debentures Worth Up to ₹3 Billion

UGRO Capital's Investment and Borrowing Committee has approved the issuance of non-convertible debentures (NCDs) worth ₹3 billion, with an additional green shoe option of ₹1.5 billion. The NCDs will be issued through private placement in three series with tenures of 15, 24, and 42 months, offering coupon rates of 9.50%, 9.75%, and 9.99% respectively. The securities will be listed on BSE Limited, have a face value of ₹10,000 per NCD, and offer monthly interest payments. The NCDs are secured by hypothecation over loan receivables with a minimum security cover of 110%.

30Sept 25

UGRO Capital Allots Rs. 90 Crore Unlisted Commercial Papers

UGRO Capital Limited has allotted unlisted Commercial Papers worth Rs. 90 crore in two tranches. The first tranche of Rs. 50 crore has a 184-day tenure, maturing on April 2, 2026. The second tranche of Rs. 40 crore has a 227-day tenure, maturing on May 15, 2026. Yes Bank Limited, Mumbai, is appointed as the Issuing and Paying Agent for both tranches. The issue prices are set at Rs. 4,78,069 and Rs. 4,73,079 per unit for the first and second tranches respectively, with a face value of Rs. 5,00,000 per unit.

18Sept 25

UGRO Capital Secures RBI Approval for Profectus Capital Acquisition, Modifies CCD Terms

UGRO Capital received RBI approval for acquiring 100% of Profectus Capital, expected to close by October 31. The company modified terms of Compulsorily Convertible Debentures (CCDs), opting for immediate full coupon payment post-allotment. Additionally, UGRO Capital allotted Commercial Papers worth ₹9.78 crore, due in 91 days.

17Sept 25

UGRO Capital Approves INR 50 Crore NCD Issuance and Allots Commercial Papers Worth Rs 9.78 Crore

UGRO Capital, an NBFC, has approved the issuance of Non-Convertible Debentures (NCDs) worth INR 50.00 crore to enhance its Tier II capital. The NCDs will have a face value of INR 1,00,000 each, an indicative coupon rate of 11.65% per annum, and a tentative tenure of 66 months. Additionally, the company has allotted Commercial Papers worth Rs 9.78 crore with a 91-day tenure. These moves aim to strengthen the company's capital adequacy ratio and manage short-term funding needs, aligning with RBI regulations for NBFCs.

06Sept 25

UGRO Capital Plans Rs. 200 Crore Debenture Issue, Following Earlier Rs. 30 Crore Commercial Paper Issuance

UGRO Capital Limited, an NBFC, has announced plans to issue non-convertible debentures (NCDs) worth up to Rs. 200 crore. The base issue size is Rs. 100 crore with a green shoe option for an additional Rs. 100 crore. The NCDs will have a face value of Rs. 1,00,000 per debenture, a tentative tenure of 66 months, and a proposed coupon rate of 11.65% p.a. This move follows a recent Rs. 30 crore commercial paper issuance. The NCD issuance aims to raise subordinated debt as Tier II capital to enhance the company's capital adequacy in line with RBI regulations.

06Sept 25

UGRO Capital Announces Major Leadership Reshuffle and Plans ₹200 Crore NCD Issuance

UGRO Capital has made significant changes to its senior management team, including appointing Anuj Pandey as CEO, Irem Sayeed as Chief Risk Officer, Sameer Nanda as Chief Revenue Officer, and Shilpa Bhatter as CFO. The company also announced plans to issue Non-Convertible Debentures (NCDs) worth up to ₹200 crore, with a base issue of ₹100 crore and a green shoe option for an additional ₹100 crore. The NCDs will have a face value of ₹1,00,000 each, a tentative tenure of 66 months, and a coupon rate of 11.65% per annum. This issuance aims to raise subordinated debt as Tier II capital to enhance the company's capital adequacy.

05Sept 25

UGRO Capital Opens ₹200 Crore NCD Issue and Announces ₹400 Crore Rights Issue

UGRO Capital has initiated a public issue of Non-Convertible Debentures (NCDs) worth up to ₹200 crores and announced a rights issue to raise up to ₹400 crores. The NCD issue offers effective yields of 10.72% to 11.03% per annum with tenors of 18, 24, and 27 months. The rights issue will offer 2,46,51,744 equity shares at ₹162 per share. UGRO Capital reported strong growth with Assets Under Management increasing to ₹12,003 crores and profit before tax rising to ₹203 crores.

05Sept 25

UGRO Capital Reports Robust Q2 FY24 Performance with 73% YoY AUM Growth

UGRO Capital, an NBFC, announced strong Q2 FY24 results with AUM reaching INR 7,590 crore, up 73% YoY and 12% QoQ. Gross loan origination grew 52% YoY to INR 2,500 crore. Collection efficiency improved to 97.6%. The company's off-book AUM increased to 45% from 29% last year, approaching their 50% target. With 60 active lenders and INR 3,800 crore in total debt, UGRO Capital demonstrates robust growth and strategic shifts in asset management.

29Aug 25

Ugro Capital Raises ₹250 Crore Through Commercial Paper Issuance

UGRO Capital, an NBFC, has raised ₹250 crore through commercial paper issuance via private placement. The 90-day CPs have a face value of ₹5,00,000 per unit and an issue price of ₹4,89,027. The total issue value is ₹24,45,13,500 with a redemption value of ₹25,00,00,000. This fundraising demonstrates market confidence in UGRO Capital, provides cost-effective financing, and enhances the company's liquidity position. The CPs are proposed to be listed, with Yes Bank Limited, Mumbai, appointed as the Issuing and Paying Agent.

11Aug 25

UGRO Capital Reports 31% YoY AUM Growth to INR 12,081 Cr in Q1 FY26 Results

UGRO Capital, a DataTech NBFC focused on MSME lending, announced its Q1 FY26 results. The company's AUM grew by 31% YoY to ₹12,081.00 crore, while total income increased by 40% to ₹421.80 crore. Net profit rose 12% to ₹34.10 crore. The company maintained stable asset quality with GNPA at 2.5% and NNPA at 1.7%. UGRO Capital expanded its Embedded Finance platform, increased its branch network to 309, and is progressing with a ₹911.00 crore preferential issue and the acquisition of Profectus Capital Private Limited.

18Jun 25

UGRO Capital to Acquire Profectus Capital for Rs 1,400 Crore in All-Cash Deal

UGRO Capital announces acquisition of Profectus Capital Private Limited in an all-cash deal worth Rs 1,400.00 crore. The acquisition is expected to increase UGRO's business mix by 30% and add Rs 150.00 crore in annual incremental profit. UGRO plans to use proceeds from its recent Rs 400.00 crore rights issue to fund the acquisition, with potential use of convertible debentures for the remaining amount. The deal is subject to regulatory approvals.

17Jun 25

UGRO Capital to Acquire Profectus Capital for ₹14 Billion

UGRO Capital's board has approved the acquisition of Profectus Capital for ₹14 billion. The company has also updated its utilization strategy for Compulsorily Convertible Debentures (CCDs). Detailed information about the acquisition terms and CCD strategy changes is not yet available.

17Jun 25

UGRO Capital Acquires Profectus Capital for ₹1,400 Crore Amid Scrutiny Over Fundraising Plan

UGRO Capital has agreed to acquire Profectus Capital for ₹1,400 crore, expanding its AUM by 29%. Simultaneously, UGRO's proposed ₹1,315 crore fundraising plan through CCDs and rights issue has drawn criticism. IiAS, a proxy advisory firm, advises against the CCD proposal, citing concerns over the cash return structure that could potentially benefit warrant holders at the expense of minority shareholders. The deal includes a 12.5% upfront coupon on CCDs and provisions for additional interest, raising concerns about the company's profitability and shareholder interests.

02Jun 25

UGRO Capital Announces Rs 400 Crore Rights Issue at Rs 162 Per Share

UGRO Capital, an MSME financing company, has announced a rights issue to raise Rs 400 crore at Rs 162 per share. The issue period is set from June 13 to June 20, with a record date of June 5. The company has secured over Rs 250 crore in commitments, including Rs 150 crore from IFU and Rs 34 crore from promoters and employees. This capital raise aims to enhance UGRO Capital's lending capacity and expand its operations in the MSME sector.

20May 25

UGRO Capital Approves ₹1,315 Crore Capital Raise Through Rights Issue and CCDs

UGRO Capital, an NBFC, has approved a capital raise of up to ₹1,315 crore. The plan includes a ₹400 crore rights issue and ₹915 crore through Compulsorily Convertible Debentures (CCDs). Key investors include Samena Capital (₹500 crore in CCDs), Aregence (₹168 crore in CCDs), and IFU (₹150 crore in rights issue). The company will increase its authorized share capital from ₹215 crore to ₹270 crore to accommodate this raise.