Ugro Capital has informed that the Securities Allotment and Transfer Committee at its meeting held on April 13, 2023 has approved the closure of the issue period for the Issue April 13, 2023; Determined and approved the issue price of Rs 152 per Equity Share (including a premium of Rs 142 per Equity Share), determined as per the formula prescribed under Regulation 176(1) of SEBI ICDR Regulations for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; Approved and finalized the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue; Approved and adopted the placement document dated April 13, 2023; and in this relation it will file the placement document dated April 13, 2023 with its office on April 13, 2023. The meeting of the Securities Allotment and Transfer Committee commenced at 10:12 pm and concluded at 10:20 pm.
The above information is a part of company’s filings submitted to BSE.
