UGRO Capital on Friday informed stock exchanges that it has appointed Mr. Ramanathan Subramanian Arun Kumar as an additional non-executive (nominee) director on its board following approval from the Reserve Bank of India.
In a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, the company said the board approved the appointment on December 18, 2025, with effect from December 17, 2025. The appointment follows an earlier in-principle approval granted by the board in August 2025, subject to RBI clearance.
Mr. Arun Kumar has been nominated by Clearsky Investment Holdings Pte Limited. He brings over 29 years of experience in the financial services sector and is currently serving as the Chief Operating Officer at Clearsky Investment Holdings, where he oversees finance, legal, compliance, and overall operations.
According to the disclosure, he holds an MBA from the University of Chicago Booth School of Business and is an associate member of the Institute of Chartered Accountants of India. UGRO Capital also confirmed that he is not related to any of the existing directors on the board.
The company further stated that Mr. Arun Kumar is not debarred from holding the office of director by virtue of any SEBI order or any other authority. The intimation has also been uploaded on the company’s website.
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