UGRO Capital shares rally 7% as firm to acquire Profectus Capital for Rs 1,400 crore cash deal

June 18, 2025

UGRO Capital’s shares surged following the announcement of its acquisition of Profectus Capital for Rs 1400 crore. This all-cash deal is expected to boost UGRO’s business mix by 30% and add Rs 150 crore in annual profit. The acquisition, funded by a rights issue and potential debentures, positions Profectus as a wholly-owned subsidiary, pending regulatory approvals.

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