UGRO Capital has received approval for the issuance of rated, secured, listed, redeemable, non-convertible debentures (NCDs) for amount of Rs 100 crore (base issue size) with an option to retain oversubscription up to Rs 100 crore (green shoe option), cumulatively aggregating up to Rs 200 crore (overall issue size). The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on December 29, 2023 has, inter alia, approved the same.
UGRO Capital is a BSE listed, small business lending fintech platform.
