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Ugro Capital gets nod to raise Rs 100 crore through NCDs

28 Feb 2022 Evaluate

Ugro Capital has received approval from board of directors to raise Rs 100 crore through issuance of rated, secured, senior, listed, transferable, redeemable non-convertible debentures (NCDs) for an amount of Rs 50 crore with an option to retain over-subscription upto Rs 50 crore, aggregating up to Rs 100 crore though public issue. The Board of Directors of the Company at its meeting held on February 28, 2022 has approved the same.

Ugro Capital is engaged in providing financial services.

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