Ugro Capital Limited — Others, 26-04-2025: Statement of deviation/variation in use of Issue proceeds

The company has outlined a statement detailing deviations in the use of proceeds related to its recent issue. Approximately ₹XX crore are now being allocated differently than initially planned, with the primary focus shifting to enhance operational efficiency. This adjustment may reflect a strategic pivot aimed at bolstering overall performance, potentially benefiting shareholders in the long run. Investors might view this as a positive outlook, provided it leads to improved financial health and operational outcomes.