Disclosure under SEBI Takeover Regulations

8th April, 2026 1. BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001 2. National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 3. Audit Committee UGRO Capital Limited Equinox Business Park, Tower 3, 4th Floor, Kurla (West), Mumbai- 400070 Sub: Declaration pursuant to Regulation 31 (4) of SEBI (SAST) Regulations, 2011 Dear Sir, In terms of Regulation 31 (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, We, Poshika Advisory Services LLP, Promoter of UGRO Capital Limited (“the Company”), confirm that, we along with person acting in concert, Mr. Shachindra Nath, have not made any encumbrance, directly or indirectly, on equity shares held by us and/or by Mr. Shachindra Nath in the Company during the financial year 2025-26, other than those already disclosed during the financial year. Thanking you. For Poshika Advisory Services LLP Shachindra Nath Designated Partner Authorised Signatory Poshika Advisory Services LLP Regd. office: 301, 3rd Floor, Baani Address One, Golf Course Road, Gurgaon Sector 56, Haryana, India - 122011 Phone: +91 124 4091777 LLP Identification No : AAL-0334