New Delhi, Apr 2 UGRO Capital, a data-tech lender focused on MSMEs, has said that members of the Patni family and their associates collectively raised their stake in the company to over 5 per cent.
Zodiac Wealth Advisors LLP, the Patni group's investment vehicle, along with 22 other entities comprising individual family members, trusts, and holding vehicles, collectively holds 79,52,860 shares, or 5.02 per cent of UGRO Capital's paid-up equity, the company said in a regulatory filing.
The acquisition, made entirely through open market purchases using own funds, exceeded the 5 per cent threshold on February 9, 2026, it said.
It further stated that the "Persons Acting in Concert" (PAC) group comprises public shareholders with no relationship with the Promoter or Promoter Group of UGRO Capital.
The Patni Family built Patni Computer Systems over several decades before divesting the promoter stake to iGate Corporation in May 2011 for USD 1.5 billion. The family has since channeled that capital into a sophisticated multi-asset investment operation.