Intimation about completion of acquisition of Profectus Capital Private Limited as wholly owned subsidiary of…
As filed · Intimation about completion of acquisition of Profectus Capital Private Limited as wholly owned subsidiary of the Company
What happened
FactUGRO Capital Limited has acquired 100% shareholding in Profectus, making it a wholly owned subsidiary of the company. This acquisition is effective from 8th December 2025, following a Share Purchase Agreement dated 17th June 2025.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
Revised• Out of total universe of ~3 crore merchants pertaining to MSL’s partners, we have served 74,000+ customers.
Our embedded merchant finance lending platform, GROx, disbursed over Rs 1,850 crore in a single quarter and now serves more than 3.4 lakh active customers.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- UGRO also received stock exchange approval for the Profectus Capital merger and remains on track to achieve al (management committed by Q4 FY26)
- With the heavy lifting on cost and portfolio mix behind us, a balance sheet that needs no further equity, and (management committed by FY29)
Evidence
- Intimation about completion of acquisition of Profectus Capital Private Limited as wholly owned subsidiary of the Company(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY27
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%