Description

2,30,26,614 equity shares of Ugro Capital Limited issued at premium of Rs.175/- to Non Promoters on preferential basis pursuant to conversion of CCDs, listed with effect from January 13, 2026.

Summary

BSE has announced the listing of 2,30,26,614 new equity shares of Ugro Capital Limited (Scrip Code: 511742) effective from Tuesday, January 13, 2026. These shares were issued at a premium of Rs.175/- per share (Rs.10/- face value) to Non-Promoters on a preferential basis pursuant to conversion of Compulsory Convertible Debentures (CCDs). The shares are subject to lock-in until June 30, 2026.

Key Points

  • 2,30,26,614 equity shares of Rs.10/- each listed on BSE
  • Issued at premium of Rs.175/- (total issue price Rs.185/-)
  • Issued to Non-Promoters on preferential basis
  • Shares issued pursuant to conversion of Compulsory Convertible Debentures
  • Shares ranking pari-passu with existing equity shares
  • ISIN: INE583D01011
  • Distinctive Numbers: 116831215 to 139857828
  • Date of Allotment: October 28, 2025
  • All shares subject to lock-in period

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for securities already allotted.

Compliance Requirements

  • Trading members are informed to enable trading in these new securities from January 13, 2026
  • The locked-in shares cannot be transferred or sold until the lock-in period expires
  • Standard trading and settlement procedures apply

Important Dates

  • Notice Date: January 12, 2026
  • Date of Allotment: October 28, 2025
  • Trading Commencement Date: January 13, 2026
  • Lock-in Expiry Date: June 30, 2026

Impact Assessment

Market Impact: The listing of over 2.30 crore new equity shares represents significant dilution for existing shareholders. However, the lock-in period until June 30, 2026 prevents immediate selling pressure on the stock.

Shareholding Impact: This preferential allotment to Non-Promoters will alter the company’s shareholding pattern, potentially reducing promoter holding percentage and increasing public float.

Liquidity Impact: Post lock-in expiry in June 2026, the increased free float could improve liquidity in the stock. The issue price of Rs.185/- provides a reference point for valuation.

Investor Consideration: Existing shareholders should note the dilutive impact. The conversion from CCDs indicates prior fundraising activity, and investors should review the company’s utilization of these funds and business performance.

Impact Justification

Significant equity issuance through CCD conversion affecting shareholding pattern with lock-in period until June 2026. Dilutive impact on existing shareholders but routine listing notification.