Intimation of closing of Share Purchase Agreement for acquisition of Datasigns Technologies Private Limited
UGROCAP · price
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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.
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.