Ugro Capital Ltd

UGRO Capital Limited announced that its Investment and Borrowing Committee approved the allotment of commercial papers with an issue value of Rs 24,30,08,000 on September 9, 2026, with a tenure of 118 days and a redemption value of Rs 25,00,00,000, according to a regulatory filing.

UGRO Capital Limited announced the allotment of 38,000 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures with a face value of Rs 100,000 each, totaling Rs 380 crore, through a private placement. The debentures, maturing on August 28, 2031, carry a coupon rate of 10.20% per annum, payable semi-annually, and will be listed on the Wholesale Debt Market segment of BSE Limited.

UGRO Capital Limited announced it will convene separate meetings of its equity shareholders, secured creditors, and unsecured creditors on September 22, 2026, to consider and approve the scheme of amalgamation with Profectus Capital Private Limited. The meetings will be held via video conferencing and other audio-visual means, following an order from the National Company Law Tribunal, Mumbai Bench, dated August 6, 2026. Notices, explanatory statements, and annexures are accessible via a weblink and QR code on UGRO Capital’s website and those unable to access electronically will receive a physical letter.

UGRO Capital Limited announced that its Investment and Borrowing Committee approved the allotment of commercial papers with an issue value of Rs 48,902,700, maturing on November 16, 2026, with a face value of Rs 5,00,000 per security and an issue price of Rs 489,027 per security, with Yes Bank Limited, Mumbai acting as the IPA.

UGRO Capital Limited announced that its Investment and Borrowing Committee approved the allotment of commercial papers with an issue value of Rs 48,902,700, with a face value of Rs 5,00,000 per security, at an issue price of Rs 489,027 per security, maturing on November 16, 2026, with Yes Bank Limited as the IPA.

The National Company Law Tribunal (NCLT) has issued an order outlining procedures for a proposed scheme of amalgamation involving Profectus Capital and Ugro Capital, mandating notifications and approvals from stakeholders including shareholders and creditors. Companies must hold separate meetings with equity shareholders of Ugro Capital and secured and unsecured creditors of both Profectus Capital and Ugro Capital to vote on the scheme. Notices must be published in "Financial Express" and "Loksatta," and posted on the companies’ websites, www.profectuscapital.com and www.ugrocapital.com, within 30 days. The order encourages electronic communication and voting, with reporting deadlines set for meeting outcomes and an affidavit of service to be filed within a reasonable timeframe.

UGRO Capital Limited reported a net disbursement of Rs 2,551 crore for the quarter ended June 30, 2026 (Q1’FY27), up 59% year-on-year, driven by its embedded merchant finance platform, GROx, which disbursed Rs 1,853 crore and serves approximately 3.4 lakh active customers. The company’s total assets under management stood at Rs 15,013 crore, up 24% year-on-year, with a profit before tax of Rs 61.5 crore, up 28% year-on-year, and a return on assets of 2.8%.

UGRO Capital will hold a meeting of the Board of Directors of the Company on 4 August 2026.

Ugro Capital has issued and allotted commercial paper of Rs 20 crore. The date of redemption is 06 January 2027. The issue value is Rs 19.15 crore.

Ugro Capital has allotted commercial paper of Rs 15 crore on 27 April 2026.