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Ugro Capital raises Rs 150 crore by issuing bonds on private placement basis

01 Dec 2021 Evaluate

Ugro Capital has raised Rs 150 crore by issuing bonds on a private placement basis. The company's Investment and Borrowing Committee has approved the allotment of 150 protected market linked non-convertible debentures aggregating to Rs 150 crore on a private placement basis. The rated, senior, secured, redeemable bonds were allotted on November 30 and will mature on May 30, 2023. The bonds will be listed on the BSE.

Ugro Capital is engaged in providing financial services.

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