Ugro Capital Limited — Board Meeting, 17-06-2025: Outcome of Board Meeting

UGRO Capital has announced a board meeting on June 20 to approve a revised preferential allotment of compulsory convertible debentures to fund its acquisition of Profectus Capital Private Limited for ₹1,398.60 Cr in cash. Profectus brings ₹3,577.66 Cr in assets and ₹420 Cr turnover, boosting UGRO’s AUM by 29% and adding new businesses like school financing with a ₹2,000 Cr medium-term potential. The merger is expected to generate ₹115 Cr cost savings and ₹150 Cr incremental profits, improving ROA by 0.6-0.7%. This strategic move enhances UGRO’s secured asset base and expands its emerging markets presence.