With reference to letter dated 22nd February, 2023 and pursuant to the provisions of Regulation 30 read with Regulation 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Ugro Capital has informed that the Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held today, i.e. Saturday, 25th February, 2023 has approved the following matters: Issuance of 2500 Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferable Non-Convertible Debentures denominated in Indian Rupees (INR), each having face value of INR 1,00,000 aggregating to INR 25,00,00,000 with a green shoe option of up to 2500 Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferable Non-Convertible Debentures denominated in INR, each having face value of INR 1,00,000 aggregating to INR 25,00,00,000 (Debentures or NCDs) in dematerialised form, on a private placement basis as per the particulars furnished in Annexure A and, Issuance of Commercial papers to the tune of INR 25 crores for a period of 120 days and INR 25 Crores for a period of 123 days as per the particulars furnished in Annexure B. The meeting of the Committee commenced at 11:30 am and concluded at 12:10 pm.
The above information is a part of company’s filings submitted to BSE.
