NSE has notified the suspension of trading in Non-Convertible Debentures (NCDs) issued by Ugro Capital Limited, effective April 09, 2026. The suspension is triggered by the maturity of the debenture series with symbol 1015UCL26 and ISIN INE583D07505, in accordance with Regulation 3.1.2 of the NSE Capital Market Trading Regulations Part A.

Key Points

• Trading in Ugro Capital Limited’s NCD (Symbol: 1015UCL26, ISIN: INE583D07505) will be suspended from April 09, 2026.
• Reason for suspension is maturity of the debenture.
• Circular issued under Regulation 3.1.2 of the NSE (Capital Market) Trading Regulations Part A.
• Circular reference: NSE/CML/73634, Circular Ref. No: 0582/2026.

Regulatory Changes

No new regulatory changes introduced. The suspension is a standard procedural action under the existing NSE Capital Market Trading Regulations, specifically Regulation 3.1.2, which governs the suspension of securities upon maturity or other qualifying events.

Compliance Requirements

• All NSE members are notified to cease trading in the specified NCD from the effective date.
• Members holding or dealing in this security must ensure no trades are executed on or after April 09, 2026.

Important Dates

• Circular Date: April 07, 2026
• Suspension Effective Date: April 09, 2026 (maturity date of the NCD)

Impact Assessment

The impact is limited to holders of Ugro Capital Limited’s NCD series 1015UCL26. Upon maturity, the instrument ceases to trade on the exchange and investors will receive redemption proceeds as per the terms of the debenture. This is a routine lifecycle event for a debt instrument and does not signal any financial distress or regulatory concern regarding Ugro Capital Limited.