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UGRO Capital informs about issuance of NCDs

25 Nov 2021 Evaluate

With reference to letter dated 22nd November, 2021 and pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), UGRO Capital has informed that the Investment and Borrowing Committee of the Board of Directors of the Company (‘Committee’) at its meeting held today, Thursday, 25th November, 2021 has approved issue of 150 rated, senior, secured, listed, transferable, redeemable, principal protected market linked non-convertible debentures (NCDs) each bearing a face value of Rs 10,00,000 aggregating up to Rs 15,00,00,000, for cash, at par, in dematerialised form, on a private placement basis as per the particulars furnished in ‘Annexure A’. The meeting of the Committee commenced at 01:00 pm and concluded at 2:50 pm. The aforesaid information is being made available on the Company's website at www.ugrocapital.com.

The above information is a part of company’s filings submitted to BSE.

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