Ugro Capital Completes Acquisition of Profectus Capital
Filing Summary
Ugro Capital Ltd has completed the acquisition of Profectus Capital Private Limited, making it a wholly owned subsidiary. The acquisition was finalized on December 8, 2025, following the approval from the Reserve Bank of India. This transaction was initially announced at a board meeting on June 17, 2025, and received regulatory approval on September 18, 2025. The acquisition aligns with Ugro Capital’s strategic objectives under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Ugro Capital Ltd has finalized the acquisition of Profectus Capital Private Limited, establishing it as a wholly owned subsidiary. The acquisition was completed on December 8, 2025, as per the Share Purchase Agreement dated June 17, 2025.
The company had initially announced the proposed acquisition during a board meeting on June 17, 2025. The transaction was subject to approval from the Reserve Bank of India (RBI) in accordance with RBI Scale Based regulations. The necessary approval was received, and the disclosure was filed with the stock exchanges on September 18, 2025.
The acquisition was conducted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely disclosure of significant events to ensure transparency and protect investor interests.
Ugro Capital Ltd focuses on providing financial services with an emphasis on small and medium enterprises. The company aims to enhance its service offerings and expand its market presence through strategic acquisitions and partnerships.