Resignation

28th September 2026 BSE Limited National Stock Exchange of India Limited 25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra - Kurla Complex, Fort, Mumbai- 400001 Bandra (E), Mumbai - 400 051 Scrip code: 511742 Symbol: UGROCAP Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") - Resignation of Company Secretary and Compliance Officer of the Company. Pursuant to Regulation 30, read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Satish Kumar (ACS: 58892) has tendered his resignation from the position of Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company, to pursue an alternate career opportunity outside the organisation. Mr. Satish Kumar has been associated with the Company for over five years and has served as its Company Secretary and Compliance Officer since November 2023. He tendered his resignation vide letter dated 28th September 2026 and will be relieved from his responsibilities with effect from the close of business hours on 28th September 2026. The Management has identified a suitable candidate for the position of Company Secretary and Compliance Officer. In accordance with the Company's policy, the candidature was placed before the Nomination and Remuneration Committee, which has recommended the appointment to the Board. The appointment is subject to the approval of the Board at its ensuing meeting, and the Company shall make the necessary intimation to the Stock Exchanges in this regard as required. The detailed information required under the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in respect of the aforesaid resignation is given in 'Annexure A' to this letter. The letter of resignation, along with the reason for resignation, is annexed as 'Annexure B'. Please take the above on your record. Thanking you, Yours faithfully, For UGRO Capital Limited Shilpa Bhatter Chief Financial Officer Encl: a/a UGRO CAPITAL LIMITED Registered Office Address: B-17, Fourth Floor, Art Guild House, Phoenix Market City, Kurla (West), Mumbai- 400070 CIN: L67120MH1993PLC070739 Telephone: +91-22-68269100 I E-mail: info@ugrocapital.com I Website: www.ugrocapital.com Annexure A Sr. No. Details of Events that need to be provided Information of such event(s) 1 Reason for change viz., appointment, reappointment, Mr. Satish Kumar has tendered resignation, removal, death or otherwise his resignation from the position of Company Secretary, Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 28th September 2026, to pursue an alternate career opportunity outside the organization. 2 date of appointment/re-appointment/cessation (as Mr. Satish Kumar will be applicable) & term of appointment /re-appointment relieved from his responsibilities with effect from close of business hours of 28th September 2026. 3 Brief profile (in case of appointment) N.A. 4 Disclosure of relationships between directors (in case of N.A. appointment of a director) UGRO CAPITAL LIMITED Registered Office Address: B-17, Fourth Floor, Art Guild House, Phoenix Market City, Kurla (West), Mumbai- 400070 CIN: L67120MH1993PLC070739 Telephone: +91-22-68269100 I E-mail: info@ugrocapital.com I Website: www.ugrocapital.com Annexure B