Acquisitions8 Dec 2025, 06:21 pm
Ugro Capital Completes Acquisition of Profectus Capital
AI Summary
Ugro Capital Ltd has completed the acquisition of 100% shareholding in Profectus Capital Private Limited, making Profectus a wholly owned subsidiary of Ugro Capital. This development comes after the approval from the Reserve Bank of India and the announcement made during the Board meeting on 17th June 2025.
Key Highlights
- Ugro Capital has completed the acquisition of Profectus Capital Private Limited
- Profectus is now a wholly owned subsidiary of Ugro Capital
- The acquisition was made pursuant to the Share Purchase Agreement dated 17th June 2025
- The acquisition was subject to the approval of Reserve Bank of India
- The acquisition was announced during the Board meeting on 17th June 2025