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.