Intimation of closing of Share Purchase Agreement for acquisition of Datasigns Technologies Private Limited

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Price reactionminutes from the announcement price · days from the prior close

-3.5%Reaction day

₹96.10

prior close

₹95.90

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-2.8%-0.7% vs market

Non Banking Financial Company (NBFC) peers, median of 203sector-1.1%-2.5% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 2.5 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 203Pending

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AI summary

Ugro Capital has completed the acquisition of 100% of Datasigns Technologies Private Limited (DTPL), which operates under the brand name MyShubhLife, a digital lending/fintech platform. As a result, DTPL has become a wholly owned subsidiary of Ugro Capital with effect from March 18, 2026. Additionally, Ekagrata Finance Private Limited, which is a wholly owned subsidiary of DTPL, has become a step-down subsidiary of Ugro Capital. This follows the earlier intimation dated March 5, 2026, regarding the execution of the Amended and Restated Share Purchase Agreement. The deal expands Ugro Capital's footprint into the fintech and digital lending space.

Likely market impact

This acquisition strengthens Ugro Capital's digital lending capabilities through MyShubhLife's technology platform and adds Ekagrata Finance as a step-down NBFC subsidiary. Shareholders should view this positively as it signals the company's push into fintech-driven lending, though integration risks and deal valuation details (purchase consideration) have not been disclosed in this filing.