Ugro Capital Limited — Others, 11-08-2025: Change in Management
UGRO Capital has announced a board meeting where it reviewed and approved the financial results for the quarter ended June 30, 2025. The company reported robust financial performance for the quarter, with total revenue from operations at Rs 414.00 Cr and a profit of Rs 34.13 Cr. Significant strategic moves include Board approval for acquiring Datasigns Technologies for Rs 45 Cr and Profectus Capital for Rs 1,398.60 Cr, both awaiting regulatory nod. Capitalizing on growth, UGRO Capital successfully raised Rs 380.72 Cr via a rights issue and Rs 200 Cr through NCDs. Board governance saw a change with a Non-Executive Nominee Director's resignation and the appointment of Mr. Ramanathan Subramanian Arun Kumar as a replacement, pending RBI approval.
