MoneyWorks4Me

UGRO Capital raises Rs 260 crore through NCDs

20 Feb 2025 Evaluate

UGRO Capital has raised Rs 260 crore through the allotment of 26,000 Senior, Secured, Rated, Listed, Redeemable, Transferable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees (INR), each having face value of Rs 1,00,000 through private placement. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) on February 20, 2025 has approved allotment of the same. 

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


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