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Ugro Capital gets nod to raise Rs 10 crore through NCDs

14 Mar 2022 Evaluate

Ugro Capital has received approval for the issuance of 100 Rated, Unlisted, Senior, Unsecured, Redeemable, Taxable, Non-convertible Debentures (NCDs) each bearing a face value of Rs 10 lakh aggregating up to Rs 10 crore, for cash, at par, in dematerialised form, on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on March 14, 2022 has inter alia approved the same.

Ugro Capital is engaged in providing financial services.

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