UGRO Capital is moving to amalgamate its wholly-owned subsidiary, Profectus Capital Private Limited (PCPL), into UGRO Capital.

This internal restructuring aims to streamline the corporate structure and potentially boost operational efficiency.

Since PCPL is a wholly-owned subsidiary, there will be no share swap or dilution for existing UGRO Capital shareholders.

The NCLT has directed meetings for UGRO Capital's equity shareholders, secured creditors, and unsecured creditors on September 22, 2026, to approve the scheme.

This is a key procedural step towards integrating PCPL's business into UGRO Capital.