UGROCAPBSEUgro Capital LtdMediumNeutral
Announced Tue, 5 May · 23:42 IST

Change in Senior Management Personnel of the Company

Kmp ResignedManagement Changes View source PDF

UGROCAP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹107.47
prior close
₹111.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-1.7-1.8-2.8+2.7-0.9-5.7-7.9-6.7-8.1-9.6-14.2-8.8
Up moveDown movePending
AI summary

Mr. Sharad Agarwal has resigned as Chief Operations & Technology Officer of Ugro Capital Ltd, citing pursuit of an alternate career opportunity. He will serve his notice period as per company policy to ensure smooth transition. Mr. Satyabrata Mohapatra, who previously served as Head-Operations & Customer Service, has been promoted to Chief Operations Officer effective 5th May 2026. Mohapatra has been with the company for over four years and brings 20 years of work experience, having successfully managed varied operations functions including Branch Operations, Central Operations, Co-lending Operations, and Treasury Operations.

Likely market impact

The resignation of a senior operations executive may attract investor attention, though the internal promotion to a key role suggests continuity in leadership. The company's stock on BSE (511742) and NSE (UGROCAP) may see minor reaction given this is a mid-level executive change rather than top leadership.