Description

56,818 equity shares of UGRO CAPITAL LIMITED listed on BSE effective October 31, 2025, issued at Rs. 264/- per share pursuant to conversion of Compulsory Convertible Debentures.

Summary

BSE has notified the listing of 56,818 new equity shares of UGRO CAPITAL LIMITED (Scrip Code: 511742) effective from October 31, 2025. These shares were issued to non-promoters on a preferential basis pursuant to the conversion of Compulsory Convertible Debentures (CCDs). The shares rank pari-passu with existing equity shares of the company.

Key Points

  • 56,818 equity shares of face value Rs. 10/- each listed on BSE
  • Shares issued at a premium of Rs. 254/- per share (total issue price: Rs. 264/-)
  • Issued to non-promoters on preferential basis through CCD conversion
  • Distinctive Numbers: 116755458 to 116812275
  • ISIN: INE583D01011
  • Scrip Code: 511742
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular. This is a routine listing notification following SEBI guidelines for preferential allotment and CCD conversion.

Compliance Requirements

  • Trading members must update their systems to reflect the increased share capital of UGRO CAPITAL LIMITED
  • Market participants should note the new distinctive number range for these shares
  • No specific compliance action required from investors

Important Dates

  • Date of Allotment: August 1, 2025
  • Listing Date: October 31, 2025 (Friday)
  • Notice Date: October 30, 2025

Impact Assessment

Market Impact: Minimal. The listing of 56,818 shares represents a small addition to UGRO CAPITAL’s equity base and is unlikely to significantly affect trading volumes or stock price.

Operational Impact: Routine update for trading systems. No operational changes required beyond updating share capital records.

Investor Impact: Existing shareholders experience minimal dilution. The shares were issued to non-promoters pursuant to a previously disclosed CCD conversion, indicating pre-planned capital structure adjustments.

Impact Justification

Routine listing notification for conversion of CCDs to equity shares representing minimal dilution (56,818 shares) with no immediate market impact.