Zodiac Wealth Advisors LLP & Others Acquire 5.0268% Stake in UGRO Capital Limited

Zodiac Wealth Advisors LLP and others, collectively known as the PAC Group or the Patni Group, have disclosed that their aggregate shareholding in UGRO Capital Limited has crossed and currently stands at 5.0268% or more of the total paid-up equity share capital of the company. This disclosure was made in compliance with Regulation 29(1) of the SAST Regulations. The PAC Group, which has no relationship with the Promoter and Promoter Group of UGRO Capital Limited, acquired the shares through market purchase for long-term portfolio investment. The total shares held by the PAC Group amount to 79,52,860 equity shares, and they do not hold shares in excess of the threshold that would trigger open offer obligations under Regulation 3 of the SAST Regulations.