- Ugro Capital Limited (BSE: 511742 | NSE: UGROCAP) filed a Company Application with the NCLT (Mumbai Bench) on 16 July 2026 to pursue a Scheme of Amalgamation with Profectus Capital Private Limited (Transferor).
- The board had approved the scheme on 8 January 2026, and the exchanges issued Observation Letters on 10 July 2026 under Regulation 30.
- Completion now depends on shareholder and creditor approvals, NCLT sanction, and any other required regulatory clearances.
- The company will continue updating the BSE and NSE; the filing was digitally signed by Company Secretary Satish Kumar Chelladurai on 17 July 2026.
Ugro Capital's filing for an amalgamation is likely to trigger a short‑term dip in the share price as investors await regulatory clearances, with the impact possibly fading over the next few months if approvals are secured.
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Forecast from comparable, historic events. Not investment advice.
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