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Ugro Capital gets nod to raise Rs 10 crore via Commercial Paper

04 Feb 2022 Evaluate

Ugro Capital has received an approval of issuance of 200 Commercial Paper (CP) of face value Rs 5,00,000 each, aggregating to Rs 10 crore on a private placement basis. Tenure of the said security is 365 days and redemption date is February 4, 2023. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on February 3, 2022 has inter alia approved the same.

Ugro Capital is engaged in providing financial services.

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