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Ugro Capital LimitedBoard Meeting, 11-08-2025: Outcome of Board Meeting

11-08-2025 | 05:21 pm

UGRO Capital has approved its financial results for the quarter ended June 30, 2025, reporting a profit of ₹34.13 crore. The company has announced a board meeting where Mr. Ramanathan Subramanian Arun Kumar was appointed as a new Non-Executive (Nominee) Director, replacing Mr. Suresh Prabhala, pending RBI approval. Fundraising initiatives include a successful ₹200 crore NCD issuance and ₹380.72 crore raised via a rights issue. Strategic growth is underway with plans to acquire Fintech platform Datasigns Technologies for ₹45 crore and NBFC Profectus Capital for ₹1398.60 crore, both awaiting regulatory clearances.

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