Ugro Capital has received approval to raise Rs 125 crore through issue of Rated, Senior, Secured, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) for an amount of Rs 50 crore (Base Issue Size) with an option to retain oversubscription upto Rs 75 crore though public issue. The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on July 27, 2022 has approved the same.
Ugro Capital is engaged in providing financial services.