ALPHA TRIBE

Ugro Capital LimitedOthers, 17-07-2025: Copy of Newspaper Publication

17-07-2025 | 12:33 pm

UGRO Capital has issued a corrigendum to its Postal Ballot Notice. The key update clarifies that proceeds from the preferential issue will solely be used for the proposed acquisition of Profectus Capital Private Limited, to be completed within one year. Previously, the notice included alternate uses if the acquisition did not proceed. Additionally, the company has corrected an error in the calculation of the post-preferential issue capital, providing an updated table. This offers shareholders a clearer understanding of the intended fund utilization and the company's capital structure moving forward.

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