Stock exchange no-objection for UGRO-Profectus Capital amalgamation

Nclt Scheme FiledStrategic 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

-0.2%Reaction day

₹97.99

prior close

₹96.76

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.3% vs market

Non Banking Financial Company (NBFC) peers, median of 214sector-0.0%-0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.1 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

Stock

+0.7

10m

+1.1

15m

+1.3

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.1-0.3-0.0-0.1

Next day

-2.0-0.9-1.2-1.0-1.1

-0.3-0.2-0.1-1.1+0.8

-1.0-0.7-0.3-0.1-0.9

-1.4-1.8+0.4-0.3-1.1

+0.7-1.2+1.8-0.7+1.3

-3.3-2.0-1.3-0.5-2.7

15d

-0.3+0.0-0.4-0.9+0.6

-5.7+2.5-8.2-1.4-4.3

-14.9+1.1-16.0-2.1-12.8

-18.5+1.2-19.7-4.2-14.3

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 214Pending

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

AI summary

UGRO Capital has received no-adverse-observation letters from NSE and BSE under SEBI Listing Regulations 37 and 59A for its proposed amalgamation with Profectus Capital Private Limited. The exchange clearance, with SEBI comments incorporated, enables UGRO Capital to file the scheme with NCLT. The scheme, earlier approved by the Board and given RBI no-objection, still needs shareholder, creditor, and NCLT approval before it can take effect.

Likely market impact

Positive procedural step forward for the Profectus Capital amalgamation; deal still needs NCLT and shareholder approval before becoming effective.