Ugro Capital has received an approval for issuance of 300 senior, secured, rated, listed, taxable principal protected market linked (PP-MLD) redeemable non-convertible debentures denominated in Indian Rupees, each having a face value of Rs 10,00,000 aggregating to Rs 30 crore with a green shoe option of up to 200 senior, secured, rated, listed, taxable principal protected market linked (PP-MLD) redeemable non-convertible debentures denominated in Indian Rupees, each having a face value of Rs 10,00,000 aggregating to Rs 20 crore (Debentures or NCDs) on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on May 17, 2022 has, inter alia, approved the same.
Ugro Capital is engaged in providing financial services.
