Ugro Capital has received an approval for the issuance of 700 Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures (NCDs), each having a face value of Rs 10,00,000 an aggregate face value of Rs 70 crore including a green shoe option of upto 200 Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures, each having a face value of Rs 10,00,000 and an aggregate face value of Rs 20 crore, at premium per Debenture on a private placement basis. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on September 22, 2022 has, inter alia, approved the same.
Ugro Capital is engaged in providing financial services.
