Listing of New Securities of UGRO Capital Limited - Preferential Issue via CCD Conversion

Description

BSE lists 1,780,302 new equity shares of UGRO Capital Limited (Scrip Code: 511742) effective February 26, 2026, issued at Rs. 264/- per share to non-promoters on a preferential basis pursuant to conversion of Compulsory Convertible Debentures.

Summary

BSE has notified trading members that 1,780,302 new equity shares of UGRO Capital Limited (Scrip Code: 511742, ISIN: INE583D01011) are listed and permitted to trade on the Exchange with effect from Thursday, February 26, 2026. These shares were issued at a premium of Rs. 254.00 over the face value of Rs. 10.00 (issue price Rs. 264.00/-) to non-promoters on a preferential basis, arising from 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
• Face Value: Rs. 10.00/- per share
• Issue Price: Rs. 264.00/- per share (premium of Rs. 254.00/-)
• Issued To: Non-promoters on a preferential basis
• Mode of Issue: Conversion of Compulsory Convertible Debentures (CCDs)
• Distribution Numbers: 141209137 to 142989438
• Ranking: Pari-passu with existing equity shares of the company
• Lock-in: 1,780,302 shares (Dist. Nos. 141209137 to 142989438) are subject to lock-in

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification pursuant to an approved preferential allotment via CCD conversion under applicable SEBI and Companies Act provisions.

Compliance Requirements

• Trading members are informed to update their systems to reflect the availability of these new securities for trading from February 26, 2026.
• Lock-in restrictions apply to all 1,780,302 shares as specified in the distribution number range 141209137 to 142989438; trading members must ensure compliance with lock-in norms.

Important Dates

• Date of Allotment: November 25, 2025
• Effective Date for Trading: February 26, 2026 (Thursday)
• Circular Date: February 25, 2026

Impact Assessment

The listing of 1,780,302 new equity shares represents a modest increase in the freely tradeable float of UGRO Capital Limited, subject to lock-in restrictions. The preferential allotment at Rs. 264/- per share to non-promoters via CCD conversion signals continued institutional interest in the company. The impact on broader market operations is minimal; this is a routine corporate action notification with no systemic implications for trading members.

Impact Justification

Routine listing of new equity shares from conversion of CCDs on preferential basis; no regulatory changes or compliance obligations for trading members beyond awareness of the new securities.