MoneyWorks4Me

UGRO Capital gets nod to raise Rs 270 crore through NCDs

31 May 2023 Evaluate

UGRO Capital has received an approval for the issuance of upto 27000 Senior, Secured, Rated, Unlisted, Redeemable, Transferable Non-Convertible Debentures (NCDs) denominated in Indian Rupees each having face value of Rs 1,00,000 aggregating upto Rs 270 crore 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 May 31, 2023 has, inter alia, approved the same

UGRO Capital is a BSE listed, small business lending fintech platform. 


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