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Ugro Capital raises Rs 50 crore through NCDs

24 Aug 2022 Evaluate

Ugro Capital has raised Rs 50 crore through allotment of 500 Senior, Secured, Rated, Listed, Redeemable, Taxable Principal Protected Market Linked (PP-MLD) Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10 lakh each, through private placement. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) on August 23, 2022 has, inter-alia, made an allotment of the same.

Ugro Capital is engaged in providing financial services.

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