Description

BSE lists 1,780,302 new equity shares of UGRO Capital Limited for trading from February 26, 2026, issued on a preferential basis pursuant to conversion of Compulsory Convertible Debentures.

Summary

BSE Notice No. 20260225-27 informs trading members that 1,780,302 new equity shares of UGRO Capital Limited (Scrip Code: 511742) are listed and permitted to trade on the Exchange with effect from Thursday, February 26, 2026. These shares were issued at a premium on a preferential basis pursuant to the conversion of Compulsory Convertible Debentures (CCDs).

Key Points

  • Company: UGRO Capital Limited (Scrip Code: 511742, ISIN: INE583D01011)
  • Number of New Shares: 1,780,302 equity shares of face value Rs. 10.00 each
  • Issue Price: Rs. 264.00 per share (face value Rs. 10.00 + premium of Rs. 254.00)
  • Allottees: Non-Promoters
  • Basis of Issue: Preferential allotment via conversion of Compulsory Convertible Debentures (CCDs)
  • Pari-passu: Shares rank pari-passu with existing equity shares
  • Distribution Numbers: 141209137 to 142989438
  • Date of Allotment: November 25, 2025
  • Lock-in: No lock-in on the 1,780,302 shares

Regulatory Changes

No regulatory changes. This is a standard listing notification pursuant to BSE’s obligations to inform trading members of newly listed securities.

Compliance Requirements

  • Trading members are notified to update their systems to reflect the new securities available for trading.
  • No specific compliance action required from the general market; the listing is effective from February 26, 2026.

Important Dates

  • Date of Allotment: November 25, 2025
  • Effective Trading Date: February 26, 2026
  • Notice Date: February 25, 2026

Impact Assessment

The listing adds 1,780,302 equity shares to the tradeable float of UGRO Capital Limited, representing a modest increase in share supply. As the shares were issued to non-promoters at Rs. 264.00 per share (a set issue price), market participants should note any price differential with the current market price. The absence of a lock-in period means these shares can be freely traded from the effective date, which may exert short-term selling pressure depending on market conditions. Overall impact is moderate and limited to UGRO Capital shareholders and prospective investors.

Impact Justification

Routine listing of new equity shares via CCD conversion on preferential basis; increases share supply but is a standard corporate action with limited broader market impact.