Description

BSE lists 73,42,732 new equity shares of Ugro Capital Ltd for trading effective April 16, 2026, issued on preferential basis via conversion of Compulsory Convertible Debentures.

Summary

BSE has listed 73,42,732 new equity shares of Ugro Capital Ltd (Scrip Code: 511742) for trading effective Thursday, April 16, 2026. These shares were issued at a premium of Rs. 254/- (issue price Rs. 264/- per share of face value Rs. 10/-) to non-promoters on a preferential basis, pursuant to the conversion of Compulsory Convertible Debentures (CCDs).

Key Points

  • Scrip Code: 511742 (Ugro Capital Ltd)
  • Number of Shares: 73,42,732 equity shares
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 264/- per share (premium of Rs. 254/-)
  • Issuance Basis: Preferential allotment to non-promoters via conversion of Compulsory Convertible Debentures
  • ISIN: INE583D01011
  • Distribution Numbers: 145240764 to 152583495
  • Pari-passu: New shares rank pari-passu with existing equity shares

Regulatory Changes

No new regulatory changes introduced. This circular is a standard listing notification pursuant to a completed preferential allotment and CCD conversion.

Compliance Requirements

Trading members of BSE are informed that the new securities are listed and permitted to trade from April 16, 2026. No specific compliance action is required from trading members beyond recognising the new shares in trading systems.

Important Dates

  • Date of Allotment: December 5, 2025
  • Effective Trading Date: April 16, 2026 (Thursday)
  • Notice Date: April 15, 2026

Impact Assessment

The listing of approximately 73.4 lakh new equity shares represents a dilution event for existing shareholders of Ugro Capital Ltd. The shares were allotted to non-promoters at Rs. 264/- per share via CCD conversion, which signals institutional participation in the company’s capital structure. The pari-passu nature of the new shares means they carry equal rights to dividends and voting. Market impact is moderate as the allotment date was December 2025, and the listing formalises already-completed capital raising activity.

Impact Justification

Routine listing of newly allotted equity shares via CCD conversion on preferential basis; affects existing shareholders through dilution but is a standard corporate action.