Ugro Capital Limited has announced that its board of directors will meet on September 17, 2025, to consider a proposal for raising funds through the issuance of non-convertible debentures (NCDs) on a private placement basis.
Purpose of the Meeting
The board meeting is scheduled to evaluate and potentially approve the fundraising plan, which aims to strengthen Ugro Capital’s financial position and support its ongoing business initiatives.
Company Overview
Ugro Capital is a DataTech NBFC focused on providing financing solutions to micro, small, and medium enterprises (MSMEs) and small businesses across India. By leveraging advanced data analytics and a robust distribution network, the company addresses the credit gap in the MSME sector, offering tailored credit products to support business growth.
Recent Financial Performance
Ugro Capital has demonstrated strong performance in the first quarter of FY26:
- Standalone net profit: ₹34.13 crore, up 12.4% year-on-year
- Total income: ₹421.83 crore, up 39.9% compared to Q1 FY25
This financial growth underscores the company’s capacity to expand operations and support additional funding initiatives.
Summary
- Board meeting scheduled for September 17, 2025 to consider raising funds via NCDs (private placement).
- Ugro Capital specializes in MSME and small business financing using data-driven solutions.
- Recent Q1 FY26 results show strong profitability and income growth, supporting potential fundraising plans.
Disclaimer:
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