MoneyWorks4Me

Ugro Capital raises Rs 50 crore through NCDs

26 Jun 2020 Evaluate

Ugro Capital has raised Rs 50 crore on a Private Placement basis. The Investment & Borrowing Committee of the company has approved the allotment of 500 Secured, Redeemable, Listed, Non-Convertibles Debentures (NCDs) of the face value of Rs 10 lakh each aggregating to Rs 50 crore on a private placement basis.

The said NCDs are proposed to be listed on Wholesale Debt Market segment of Bombay Stock Exchange (BSE).

Ugro Capital is engaged in providing financial services.

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