UGRO Capital Limited announced that at the board meeting held on 26 October 2023 noted and accepted the resignation of Ms. Namrata Sajnani, Company Secretary and Compliance Officer, due to her personal commitments, with effect from 31 October 2023 (upon closure of business hours), placed on record its appreciation for her services and based on recommendation of Nomination and Remuneration Committee, approved the appointment of Mr. Satish Kumar Chelladurai as Company Secretary and Compliance Officer of the Company with effect from 1 November 2023. Mr. Satish Kumar Chelladurai is a member of the Institute of Company Secretaries of India, and a B.Com graduate from the University of Mumbai. He is a seasoned financial services professional with nearly 9 years of post- qualification experience in the financial services sector, specializing in NBFC compliance, corporate secretarial affairs, and legal matters.

He has been associated with UGRO Capital for the past 3 years in the compliance function, focusing on NBFC compliances and regulatory matters. Prior to this, he was associated with Western Capital Advisors Private Limited as Company Secretary. His professional journey includes tenures at InCred and StarAgri Finance.