Description

UGRO CAPITAL LIMITED lists 56,818 new equity shares on BSE effective October 31, 2025, arising from conversion of Compulsory Convertible Debentures issued to Non-Promoters on preferential basis.

Summary

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

Key Points

  • Company: UGRO CAPITAL LIMITED (Scrip Code: 511742)
  • Number of Shares: 56,818 equity shares of Rs. 10/- each
  • Issue Price: Rs. 264/- per share (Rs. 10/- face value + Rs. 254/- premium)
  • Source: Conversion of Compulsory Convertible Debentures (CCDs)
  • Allottees: Non-Promoters on preferential basis
  • Distinctive Numbers: 116755458 to 116812275
  • Date of Allotment: August 1, 2025
  • Trading Start Date: October 31, 2025
  • ISIN: INE583D01011
  • Status: Rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification for new securities arising from conversion of convertible instruments.

Compliance Requirements

  • Trading Members: Informed to take note of the listing of new securities for trading purposes
  • Market Operations: New shares available for trading from October 31, 2025
  • No additional compliance obligations specified for market participants

Important Dates

  • Date of Allotment: August 1, 2025
  • Effective Trading Date: October 31, 2025 (Friday)
  • Circular Date: October 30, 2025

Impact Assessment

Market Impact: Minimal. The listing involves 56,818 shares which represents a small fraction of typical trading volumes. The shares were allotted nearly three months prior (August 1, 2025) through preferential allotment, indicating pre-arranged placement to specific investors.

Dilution Impact: Limited dilution effect given the relatively small number of shares being added to the existing float of UGRO CAPITAL LIMITED.

Trading Impact: No special trading arrangements or restrictions apply. The new shares are fully fungible with existing equity shares from the trading commencement date.

Investor Consideration: The conversion from CCDs to equity indicates completion of a planned capital structure optimization by the company. The issue price of Rs. 264/- reflects the terms agreed at the time of CCD issuance.

Impact Justification

Routine listing of small number of shares (56,818) from CCD conversion with minimal market impact; standard corporate action for existing listed company