MoneyWorks4Me

UGRO Capital gets approval to raise up to Rs 20 crore

20 Feb 2023 Evaluate

UGRO Capital has received an approval for an issue of 2,000 Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferable Non-convertible debentures (Debentures) each bearing a face value of Rs 1 lakh aggregating up to Rs 20 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 (Committee) at its meeting held on February 20, 2023 has approved the same.

Ugro Capital is engaged in providing financial services.

Peers