ALPHA TRIBE

Ugro Capital LimitedOthers, 11-08-2025: Shareholders meeting

11-08-2025 | 08:15 pm

UGRO Capital shareholders at the recent AGM gave a green light to most proposals, including FY25 financials, director re-appointment, and board authority for borrowing and NCD issuance. However, a key resolution to raise up to INR 500 Cr via Qualified Institutional Placement (QIP) or other methods did not pass. This signals a delay or change in the company's near-term fundraising strategy, a crucial point for investors.

No comments yet. Be the first to comment!

All announcements from Ugro Capital Limited