Ugro Capital has received approval to raise Rs 15 crore through issue of 150 rated, senior, secured, listed, transferable, redeemable, principal protected market linked nonconvertible debentures (NCD’s) each bearing a face value of Rs 10 lakh each for cash, at par, in dematerialised form, on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on November 25, 2021 has approved the same.
Ugro Capital is engaged in providing financial services.