Acquisitions1 April 2026 at 08:53 am
Poshika Financial Ecosystems Acquires 0.31% Stake in Ugro Capital Ltd
AI Summary
Poshika Financial Ecosystems Pvt Ltd, a promoter-group entity of UGRO Capital Limited, has acquired 4,75,000 equity shares of UGRO Capital Ltd through open market purchase on the Stock Exchange. This represents 0.31% of the total paid-up and diluted share capital of the company. The acquisition does not trigger any mandatory disclosure obligation under Regulation 29(2) of the Takeover Regulations.
Key Highlights
- Poshika Financial Ecosystems Pvt Ltd, a promoter-group entity of UGRO Capital Limited, has acquired 0.31% stake in the company
- The acquisition was made through open market purchase on the Stock Exchange on 27 March 2026
- 4,75,000 equity shares were acquired, representing 0.31% of the total paid-up and diluted share capital of UGRO Capital Limited
- The acquisition does not trigger any mandatory disclosure obligation under Regulation 29(2) of the Takeover Regulations
- The disclosure is being made voluntarily in the interest of transparency and good corporate governance