Ugro Capital has received an approval for the issuance of 250 senior, secured, rated, listed, redeemable, taxable Non-convertible Debentures (NCDs) each bearing a face value of Rs 10,00,000 aggregating up to Rs 25 crore for cash, at par, in dematerialised form, on a private placement basis. The Debentures are proposed to be listed on BSE. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on January 13, 2022 has inter alia approved the same.
Ugro Capital is engaged in providing financial services.
