Allotment of Securities

30th September 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, G Block, Bandra - Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai - 400 051 Scrip code: 511742 NSE Symbol: UGROCAP Dear Sir/ Madam, Subject: Allotment of Non-Convertible Debentures Pursuant to the provisions of Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Investment and Borrowing Committee of the Board of Directors of the Company (“Committee”) today, i.e. Wednesday, 30th September 2026 has approved allotment of 1,37,000 (One Lakh and thirty-Seven thousand) senior, secured, rated, listed, redeemable, transferable, non-convertible debentures denominated in Indian Rupees ("INR"), having a face value of INR 10,000 (Indian Rupees Ten Thousand) each and the aggregate nominal value of INR 137,00,00,000/- (Indian Rupees One Hundred and Thirty-Seven Crores) through private placement as per the particulars furnished in ‘Annexure’ through resolution by circulation We request you to take the same on record. The aforesaid information is being made available on the Company's website at www.ugrocapital.com 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 Sr. Particulars Details 1 Type of securities Senior, secured, rated, listed, redeemable, transferable, non- convertible debentures 2 Type of Issuance Private placement 3 Size of Issue//total number INR 137,00,00,000/- (Indian Rupees One Hundred and Thirty-Seven of securities proposed to Crores) by way of the issuance of 1,37,000 (One Lakh and thirty- be issued Seven thousand) senior, secured, rated, listed, redeemable, transferable, non-convertible debentures denominated in Indian Rupees, having a face value of INR 10,000 (Indian Rupees Ten Thousand) each and the aggregate nominal value of INR 137,00,00,000/- (Indian Rupees One Hundred and Thirty-Seven Crores) ("Debentures") 4 Whether proposed to be Yes. The Debentures (as defined above) are proposed to be listed on listed? If yes, Name of the Wholesale Debt Market segment of BSE Limited. Stock Exchange 5 Tenure of instrument 13(Thirteen) Months from the Date of Allotment 6 Date of allotment 30th September 2026 7 Date of maturity 30th October 2027 ("Final Redemption Date") 8 Coupon/interest Rate 9.75.% (Nine point Seven Five percent per annum payable monthly) ("Coupon Rate") 9 Schedule of Payment of Interest Payment Dates: The interest/coupon in respect of the coupon/interest and Debentures is payable by the Company monthly in accordance with principal the Transaction Documents (as defined below). Principal Payment Date: The principal amounts in respect of the Debentures shall be repaid by the Company in 13 (Thirteen) months from Date of Allotment 10 Charge/Security, if any, UGRO Capital Limited (“UGRO”), as the legal and beneficial owner created over the assets of the equity shares shall create security in favour of the Debenture Trustee, acting for the benefit of the Debenture Holders, by way of a first ranking, exclusive and continuing pledge over such Pledged Shares, to secure all the outstanding amounts, together with accrued interest, default interest, remuneration of the Debenture Trustee, costs, charges, expenses and all other. 11 Special None. right/interest/privileges attached to the instrument All rights/interests/privileges of the holders of the Debentures are set and changes thereof out in the DTD executed between the Company and the Debenture Trustee and the other transaction documents executed/to be executed 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 in respect of the Debentures (together with the DTD, the "Transaction Documents"). 12 Delay in payment of If any payment obligations due in respect of the Debentures (including interest / principal amount any coupon and/or redemption amounts and/or any other payment to for a period of more than be made by the Company in connection with the Debentures) is not three months from the due paid on the respective due dates, then the Company shall pay default date or default in payment interest of 2% (two percent) per annum over the Coupon Rate of interest / principal; computed on the entire unpaid amounts, for the period commencing from the date of such occurrence and expiring on the date on which such occurrence is cured. 13 Details of any letter or Nil comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any; 14 Details of redemption of The Debentures shall be fully redeemed on a pari passu basis by the debentures Company by making the payment of the outstanding principal amounts in respect of the Debentures in 13 (Thirteen) months from Deemed Date of Allotment 15 Any cancellation or N.A. termination of proposal for issuance of securities including reasons thereof. 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