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Ugro Capital LimitedOthers, 16-07-2025: Corrigendum

16-07-2025 | 06:40 pm

UGRO Capital has issued a correction to its postal ballot notice concerning a preferential share issue. The company now clarifies that proceeds from this issue are *solely* earmarked for the proposed acquisition of Profectus Capital Private Limited, to be utilized within one year. This removes previous provisions for alternative fund uses. Furthermore, a corrected table outlining the post-preferential issue shareholding percentages has been provided, rectifying an earlier calculation error. This update is crucial for shareholders to understand the precise allocation of funds and the updated ownership structure. Shareholders who have already voted can review and revise their decision.

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