Ugro Capital has received approval for acquisition of Profectus Capital by way of purchase of 100% of the shares for an aggregate purchase consideration of Rs 1398.60 crore payable in cash in a single tranche on closing. Additionally, the company has executed the Share Purchase Agreement (SPA) with Actis PC Investment (Mauritius), Actis PC (Mauritius), and Profectus Capital.
The Board of Directors of the company in its meeting held on June 17, 2025, has, inter-alia, considered, discussed and approved the same.
Ugro Capital is a BSE listed, small business lending fintech platform.
