Ugro Capital Limited — QIP/Rights/Pref., 23-05-2025: Allotment of Securities

The company allotted 1.5 million equity shares at ₹120 each to anchor investors, resulting in a fund infusion of ₹18 Cr. This reduces promoter holding from 55% to 50%, improving public float and liquidity. No shares were allotted to promoters or employees. The fresh capital will support expansion plans and strengthen the balance sheet, providing growth visibility. This move is positive for retail investors, signaling confidence from institutional buyers and potential for improved market performance.