Ugro Capital Ltd

UGRO Capital clarified a media report regarding its promoter's compensation, stating that Mr. Shachindra Nath's proposed pay is at or below market median, as independently benchmarked by Aon. The company highlighted that proxy advisory firms often recommend against similar MD remunerations, which shareholders typically override. UGRO emphasized that Mr. Nath, classified as a Promoter, is legally excluded from equity-linked long-term incentives that comparable professional MDs receive, making cash-only comparisons misleading. The variable pay resolution is an enabling authority, with share price appreciation as a proposed criterion to align the founder's interests with shareholders. Furthermore, Mr. Nath has provided personal guarantees of ₹1,830 Crores to the company's lenders without any fee. The Board Chairman affirmed the rigorous evaluation process and commitment to fair, market-referenced compensation focused on alignment, not enrichment.

Ugro Capital Ltd has allotted 2,00,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures, each with a face value of ₹10,000, aggregating up to ₹200 Crores through private placement. The debentures are proposed to be listed on BSE Limited and have a tenure of 18 months from the date of allotment, maturing on 26th November 2027. The coupon rate is 9.75% p.a. payable monthly.

Ugro Capital Ltd has announced the allotment of unlisted Commercial Papers (CPs) worth ₹10 Crores on May 15, 2026. The allotment was approved by the Investment and Borrowing Committee of the Board of Directors. These CPs have a face value of ₹5,00,000 each, an issue price of ₹4,85,398, and will mature on September 14, 2026, with a tenure of 122 days. The issue value is ₹9,70,79,600 and the redemption value is ₹10,00,00,000. Yes Bank Limited, Mumbai is the IPA.

Ugro Capital Ltd has announced the allotment of Commercial Papers (CPs) worth ₹14,00,00,000 on May 12, 2026, as approved by the Investment and Borrowing Committee of the Board of Directors. These CPs, with a face value of ₹5,00,000 each and issue price of ₹4,78,761.50, are proposed to be listed and will mature on November 12, 2026, with a tenure of 184 days. The ISIN for the CPs is INE583D14907, and Yes Bank Limited, Mumbai, is the name of IPA.

Ugro Capital Ltd has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI regulations. The report, which is part of the Annual Report for FY26, includes general disclosures about the company, details of its business activities (primarily lending to MSMEs, accounting for 96% of turnover), operational locations (324 offices/branches in India), and employee data. The company's MSME customer base typically has turnovers ranging from ₹10 Lacs to ₹200 Crores.

Ugro Capital Ltd has released its Annual Report for the financial year 2025-26 and announced that the 33rd Annual General Meeting (AGM) will be held on Friday, May 29th, 2026, at 11:00 A.M. (IST) via video conferencing. The company has distributed the annual report electronically to shareholders with registered email addresses and will provide access via a weblink to others. E-voting will be available from May 26th to May 28th, 2026.

Ugro Capital Ltd has released its Annual Report for the financial year 2025-26. The company has sent the report to members who have registered their email addresses. The 33rd Annual General Meeting (AGM) is scheduled for May 29, 2026, at 11:00 A.M. (IST) via video conferencing. E-voting will be available from May 26 to May 28, 2026.

Ugro Capital Ltd has announced its 33rd Annual General Meeting (AGM) scheduled for Friday, May 29, 2026, at 11:00 A.M. (IST) via video conferencing. The meeting will cover the adoption of audited financial statements for the year ended March 31, 2026, the appointment of directors, and the appointment of statutory auditors. E-voting will be available for members, with the cut-off date set for May 22, 2026. The notice and annual report have been sent to members via email and are available on the company's website.

Ugro Capital Ltd has announced the allotment of listed Commercial Papers (CPs) on May 7, 2026, as approved by the Investment and Borrowing Committee of the Board of Directors. The CPs, with a face value of ₹5,00,000 each and an issue price of ₹4,78,751.50, have an issue value of ₹22,02,25,690 and a redemption value of ₹23,00,00,000. The CPs have a tenure of 180 days and will be redeemed on November 3, 2026. Yes Bank Limited, Mumbai is the IPA.

Ugro Capital Limited has submitted revised Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The revision addresses an inadvertent disclosure error found in note (8) of the standalone financial results. The company explicitly confirmed that there are no changes to any financial figures reported in the Statement of Financial Results, Statement of Assets and Liabilities, or Statement of Cash Flows for both standalone and consolidated statements. Furthermore, the Statutory Auditor’s Report issued by M/s Sharp & Tannan remains unchanged and will not be reissued. The revision is strictly limited to note (8) of the standalone financial results.