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Ugro Capital gets nod to raise Rs 24 crore via Commercial Paper

03 Jun 2022 Evaluate

Ugro Capital has received an approval of issuance of 480 Commercial Paper (CP) of face value Rs 5,00,000 each, aggregating to Rs 24 crore on a private placement basis. Tenure of the said security is 181 days and redemption date is December 1, 2022. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on June 2, 2022 has inter alia approved the same.

Ugro Capital is engaged in providing financial services.

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