UGRO Capital has received an approval for issuance of listed Commercial papers to the tune of Rs 40 crore for a period of 178 days. The Investment and Borrowing Committee of the Board of Directors of the company at its meeting held on August 26, 2023 has approved the same.
Earlier, the company had received an approval for issuance of listed Commercial papers to the tune of Rs 20 crore for a period of 90 days.
UGRO Capital is a BSE listed, small business lending fintech platform.