Ugro Capital Limited files Scheme of Amalgamation; merger details to regulatory disclosure
Ugro Capital Limited, a non-bank financial company, has informed the NSE of an amalgamation/merger scheme on 18 August 2026 via formal stock exchange notification. The NSE filing reference (UGROCAP_18082026193435_CLUgromerged.pdf) confirms the announcement to the exchange. Material details including the acquiring/transferee entity, consideration amount, share exchange ratio, and effective date remain to be disclosed in subsequent regulatory filings, including the NCLT petition and any SEBI/RBI approvals required.
Why it mattersAmalgamation of an NBFC requires coordinated approvals under NCLT, RBI, and stock exchange procedures; counsel must verify NBFC wind-down, deposit/creditor claims protocols, and delisting mechanics.
Counsel—
SectorFinancial Services
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Sources
- NSE Corporate Filing · official
- RBI Master Direction on NBFC Regulations, 2022 · official
- SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 · official
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