Description

BSE notifies listing and trading permission for 5,34,088 new equity shares of Ugro Capital Ltd effective April 17, 2026, issued on preferential basis pursuant to conversion of Compulsory Convertible Debentures.

Summary

BSE has notified trading members that 5,34,088 new equity shares of Ugro Capital Ltd (Scrip Code: 511742, ISIN: INE583D01011) are listed and permitted to trade on the Exchange effective Friday, April 17, 2026. The shares were issued at a premium to non-promoters on a preferential basis pursuant to conversion of Compulsory Convertible Debentures (CCDs).

Key Points

  • Company: Ugro Capital Ltd (Scrip Code: 511742)
  • New Shares: 5,34,088 equity shares of Rs. 10/- face value each
  • Issue Price: Rs. 264/- per share (face value Rs. 10/- + premium of Rs. 254/-)
  • Issued to: Non-promoters on preferential basis via CCD conversion
  • Distribution Numbers: 154172666 to 154706753
  • Date of Allotment: December 17, 2025
  • ISIN: INE583D01011
  • New shares rank pari-passu with existing equity shares of the company

Regulatory Changes

No regulatory changes introduced. This is a standard listing notice under BSE’s Listing Operations framework for newly allotted securities.

Compliance Requirements

  • Trading members are informed to permit trading in these new securities from April 17, 2026 onwards.
  • No additional compliance action is required from trading members beyond acknowledging the expanded share capital.

Important Dates

  • Date of Allotment: December 17, 2025
  • Notice Date: April 16, 2026
  • Effective Trading Date: April 17, 2026 (Friday)

Impact Assessment

The addition of 5,34,088 shares represents a modest increase to Ugro Capital Ltd’s total equity share capital. The shares are issued at Rs. 264/- per share (premium of Rs. 254/-) to non-promoters via CCD conversion, indicating a fundraising or debt-to-equity conversion exercise. The pari-passu ranking means no differential rights are created. Market impact is minimal given the relatively small size of the issuance relative to the company’s total capital base.

Impact Justification

Routine listing notice for a small tranche of new equity shares via CCD conversion for a single mid-cap NBFC; no systemic or broad market impact.