NCLT meeting approves merger of subsidiary Profectus Capital into UGRO Capital

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

UGROCAP · price

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

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

+1.8%Reaction day

₹82.71

prior close

₹82.64

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.5% vs market

Non Banking Financial Company (NBFC) peers, median of 223sector+0.2%+1.6% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.6 pts more 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

Stock

+1.4

10m

+1.1

15m

+1.3

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+1.3+0.5+0.2+1.6

Next day

+0.1-0.2+0.3-0.3+0.5

-0.7+0.1-0.8-0.4-0.3

-2.4-1.5-0.9-1.0-1.4

-1.8-0.5-1.3-1.2-0.6

+1.6-0.8+2.3-0.5+2.1

+0.3-2.0+2.4-1.2+1.5

15d

-2.1-3.4+1.3-2.4+0.3

-10.2-9.9-0.2-5.9-4.3

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 223Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

UGRO Capital's NCLT-convened meetings of equity shareholders, secured creditors and unsecured creditors on Sep 22, 2026 approved the Scheme of Amalgamation of its wholly-owned subsidiary Profectus Capital Private Limited into UGRO Capital, with appointed date April 1, 2026. Equity shareholders voted 99.998 percent in favor (about 61.41 crore shares value), secured creditors 99.996 percent in favor (about 4,380 crore rupees). RBI approval and NSE/BSE no-objection letters already received. Next step is NCLT sanction.

Likely market impact

Positive step toward merger completion; consolidates subsidiary into UGRO Capital, awaiting NCLT final order.