Ugro Capital has approved issuance of up to 3,500 Senior, Secured, Rated, Listed, Redeemable, Transferable Non-Convertible Debentures denominated in Indian Rupees (INR), having a face value of Rs 1,00,000 each and an aggregate face value of Rs 35 crore on private placement basis. The tentative date of allotment is 16 July 2024. The company also approved issuance of up to 10,000 Listed, Rated, Senior, Secured, Taxable, Redeemable, Non Convertible Debentures denominated in INR, having a face value of Rs 1,00,000 each aggregating upto Rs 100 crore including a green shoe option of upto 5,000 Listed, Rated, Senior, Secured, Taxable, Redeemable, Non-Convertible Debentures denominated in Indian Rupees (Rs), each having face value of Rs 1,00,000 aggregating upto Rs 50 crore on private placement basis. The tentative date of allotment is 14 June 2024. Powered by Capital Market - Live News

UGRO Capital announced that the 31th Annual General Meeting(AGM) of the company will be held on 8 August 2024.Powered by Capital Market - Live News

Net profit of Ugro Capital rose 132.83% to Rs 32.69 crore in the quarter ended March 2024 as against Rs 14.04 crore during the previous quarter ended March 2023. Sales rose 54.29% to Rs 322.41 crore in the quarter ended March 2024 as against Rs 208.97 crore during the previous quarter ended March 2023.For the full year,net profit rose 200.00% to Rs 119.34 crore in the year ended March 2024 as against Rs 39.78 crore during the previous year ended March 2023. Sales rose 59.64% to Rs 1047.96 crore in the year ended March 2024 as against Rs 656.45 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales322.41208.97 54 1047.96656.45 60 OPM %57.6958.42 -59.4855.97 - PBDT65.8539.89 65 214.09101.47 111 PBT55.9533.66 66 178.7683.83 113 NP32.6914.04 133 119.3439.78 200 Powered by Capital Market - Live News

Ugro Capital announced the resignation of Deepa Hingorani as Non-Executive (Nominee) Director of the company with effect from 25 April 2024. She has been replaced with Rohit Goyal (DIN: 05285518) as Non Executive (Nominee) Director of the company by Danish Sustainable Development Goals Investment Fund with immediate effect. Powered by Capital Market - Live News

Ugro Capital has allotted commercial paper aggregating to Rs 22 crore on 22 April 2024. The maturity date for this instrument is 18 October 2024. Powered by Capital Market - Live News