UGRO Capital has received approval to raise upto Rs 75 crore through issuance of upto 7,500 Listed, Rated, Senior, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees, having a face value of Rs 1 lakh each and an aggregate face value of Rs 75 crore, in dematerialised form, on a private placement basis.
The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on July 6, 2024 has approved the same.
UGRO Capital is a BSE listed, small business lending fintech platform.
