UGRO Capital launches ₹400-crore rights issue at ₹162 per share
Under the approved terms, UGRO Capital will offer new equity shares totalling up to ₹400 crore at a price of ₹162 per share. The rights issue builds on the company’s recent performance, which saw its AIM grow to ₹12,003 crore and profit before tax more than double to ₹203 crore in FY2024-25, while maintaining a healthy capital adequacy ratio.
Under the approved terms, UGRO Capital will offer new equity shares totalling up to ₹400 crore at a price of ₹162 per share. The rights issue builds on the company’s recent performance, which saw its AIM grow to ₹12,003 crore and profit before tax more than double to ₹203 crore in FY2024-25, while maintaining a healthy capital adequacy ratio.
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