
Merger17 Jul 2026, 05:50 pm
Ugro Capital Files Scheme of Amalgamation with NCLT
AI Summary
Ugro Capital Ltd has filed a Company Application with the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, for its Scheme of Amalgamation. This filing follows earlier board approval and receipt of observation letters from stock exchanges. The amalgamation involves Ugro Capital and Profectus Capital Private Limited (Transferor Company). The scheme is contingent upon various approvals, including those from shareholders, creditors, and regulatory bodies. Ugro Capital will continue to update the stock exchanges on the progress of the scheme.
Key Highlights
- Ugro Capital files Company Application for Scheme of Amalgamation with NCLT.
- Profectus Capital Private Limited is the Transferor Company in the amalgamation.
- Scheme requires approvals from shareholders, creditors, and NCLT.
- Further developments will be communicated to the stock exchanges.
Price Impact
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