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Ugro Capital raises Rs 25 crore via commercial papers

13 Jul 2023 Evaluate

Ugro Capital has raised Rs 25 crore through the allotment of 500 Commercial Papers (CPs) of face value Rs 5,00,000 each, at a discounted rate of 9.50% p.a. The aforesaid Commercial Papers will be listed on BSE. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee), on July 13, 2023 has made an allotment of the same. 

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

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