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.
Corporate actions this week: NTPC, Coal India among nearly 90 cos set to hit record dates for dividend payouts, bonus issues & stock splits
Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits from August 31 to
August 30, 2026