Ugro Capital Limited — Important, 17-06-2025: Updates

UGRO Capital has announced a board meeting to approve the acquisition of 100% stake in Profectus Capital Private Limited for ₹1,398.60 Cr in cash. Profectus, an RBI-registered NBFC with ₹3,578 Cr assets and ₹420 Cr turnover, will add immediate 29% AUM growth and diversify UGRO’s portfolio with products like School Funding and Machinery Finance. The acquisition is expected to generate ₹115 Cr in cost savings and boost profitability by ₹150 Cr, improving ROA by 0.6-0.7%. Funding will be via a revised preferential issue of compulsory convertible debentures.