Outcome of Board Meeting

05th November 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: Outcome of the Board Meeting held on 05th November 2026 Dear Sir/ Madam, In furtherance to our intimation dated 16th October 2026 and in accordance with Regulation 30 and Regulation 51, read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors at its meeting held today i.e. Thursday, 05th November 2026, has, inter alia: 1. considered and approved Unaudited Financial Results (Consolidated and Standalone) (“Results”) for the quarter and half year ended 30th September 2026 as recommended by the Audit Committee and took on record Limited Review Report (“LRR”) thereon pursuant to Regulation 33 and 52 of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 issued by M/s G.P. Kapadia & Co., Chartered Accountants, the Statutory Auditors of the Company (“Statutory Auditor”). Accordingly, please find enclosed herewith the Results for the quarter and half year ended 30th September 2026 along with the LRR as Annexure “A”. 2. considered and approved appointment of Mr. Chandrakant Bhagwat (Membership no. A29955) as the Company Secretary and Compliance Officer of the Company w.e.f. 1st December 2026, based on the recommendation of the Nomination and Remuneration Committee of the Company. He is further authorized to make disclosures with respect to determination of materiality of an event/information. 3. considered and took note of resignation of Ms. Kavita Shedge as the Head-Internal Audit with effect from the close of business hours on 6th November 2026. The Management has identified a suitable candidate for the position of the Head-Internal Audit. The appointment is subject to the approval of the Board, and the Company shall make the necessary intimation to the Stock Exchanges in this regard as required. The letter of resignation along with reason of resignation is annexed herewith as Annexure “B”. Further, details with respect to appointment of Company Secretary & Compliance Officer (KMP) and resignation of Head-Internal Audit (SMP) under Regulation 30 read with Part A of Schedule III of the SEBI 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 Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026, as amended is annexed as Annexure “C”. The meeting of the Board of Directors commenced at 04:15 p.m. and concluded at 06 :15 p.m. Kindly take the above on record. 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 Annexure B Annexure C Details with respect to appointment of Company Secretary & Compliance Officer (KMP) and resignation of Head-Internal Audit (SMP) under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025- CFD- POD2/I/3762/2026 dated 30th January 2026: Sr. Details of events that needs to be Information of such event(s) No provided 1 Reason for Change viz., Resignation of Ms. Kavita Appointment of Mr. appointment, re-appointment, Shedge from the post of Head- Chandrakant Bhagwat as resignation, removal, death or Internal Audit of the Company Company Secretary and otherwise for reasons as stated in the Compliance Officer w.e.f. resignation letter. 1st December 2026 2 Date of appointment/re 06th November 2026 01st December 2026 appointment/cessation (as applicable) & term of appointment/re appointment 3 Brief profile (in case of Not Applicable Mr. Chandrakant Bhagwat appointment) is a qualified Company Secretary and LLB graduate with over 14 years of experience across the BFSI and corporate sectors, including listed entities. He possesses extensive expertise in corporate governance, regulatory compliance, Board and Committee management, and corporate legal advisory. 4 Disclosure of relationships Not Applicable Not Applicable between directors (in case of 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