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Ugro Capital gets nod to raise Rs 25 crore via NCDs

14 Jul 2022 Evaluate

Ugro Capital has received an approval of the issuance of 250 senior, secured, rated, listed, redeemable, taxable Non-convertible Debentures (NCDs) each bearing a face value of Rs 10,00,000 aggregating up to Rs 25 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 at its meeting held on July 13, 2022 has approved the same.

Ugro Capital is engaged in providing financial services.

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