UGRO Capital Limited at its board meeting held on January 23, 2024 took note of the resignation tendered by Mr. Amit Gupta (DIN: 02282600), Non-Executive Director (Nominee of NewQuest Asia Investments III Limited (TPG NewQuest Private Equity Fund)), vide resignation letter dated 23rd January 2024 from the post of Non-Executive (Nominee) Director of the Company with effect from 23rd January 2024 (from the conclusion of Board meeting) due his significant obligations to other personal and professional commitments.