UGRO Capital: shareholders, creditors approve Profectus amalgamation scheme
Ugro Capital Ltd · Finance
What the filing says
- Meetings of equity shareholders, secured creditors and unsecured creditors were held on 22nd September 2026 via VC/OAVM under the NCLT order dated 6th August 2026.
- Equity shareholders: 61410411 votes in favour and 1071 against; value of votes in favour INR 61,41,04,110 (99.998%). The resolution passed by requisite majority.
- Secured creditors: 66 voted in favour, value INR 43,80,63,37,876; unsecured creditors: 12 in favour, value INR 5,03,27,64,000. Both resolutions passed by requisite majority.
Why it's rated notable: merger demerger is always high
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
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More from Ugro Capital Ltd
- Acquisition / mergerUGRO Capital Ltd announces NCLT hearing date for amalgamation scheme with Profectus
- Fundraise / allotmentNotableUGRO Capital raises INR 380 crore via NCDs fully subscribed by FMO
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.