Ugro Capital Limited — Credit Ratings, 05-08-2026: Credit Rating- New

Acuité Ratings & Research has assigned UGRO CAPITAL LIMITED a short-term rating of 'ACUITE A1+' for its Rs. 800 Cr. Commercial Paper, with no outlook assigned. The rating reflects robust business growth, with a consolidated portfolio rising to Rs. 15,334 Cr., and benefits from the Profectus Capital acquisition (AUM ~Rs 2,670 Cr.). Key areas to watch are standalone profitability and asset quality moderation.