Ugro Capital has received an approval for the issuance of senior, secured, rated, listed, redeemable, taxable principal protected market linked (PP-MLD) Non-Convertible Debentures (NCDs) for an amount of Rs 50 crore (Base Issue Size) with an option to retain oversubscription upto Rs 25 crore, aggregating up to Rs 75 crore (Overall Issue Size) though private placement. The Debentures are proposed to be listed on BSE. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on August 12, 2022 has approved the same.
Ugro Capital is engaged in providing financial services.
