Ugro Capital Limited — Updates, 31-05-2025: Press Release

UGRO Capital has announced a board meeting to approve the financial results for the quarter and half-year. The company plans a ₹400 Cr rights issue at ₹162/share after raising ₹915 Cr via preferential CCDs. Strong commitments of over ₹250 Cr, including ₹150 Cr from IFU and ₹34 Cr from promoters/employees, reflect confidence in UGRO’s growth. With AUM at ₹12,003 Cr and PBT of ₹203 Cr for FY25, the fundraise will fuel scaling of its DataTech-driven MSME lending, targeting 15-20% disbursement growth and branch expansion while maintaining portfolio quality.