SECTOR
UGRO Capital gets nod to raise Rs 100 crore via NCDs
Jan-02-2025

UGRO Capital has received approval for the issuance of upto 1,00,000 Senior, Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees each having face value of Rs 10,000 aggregating upto Rs 100 crore (Overall Issue Size) with an option to retain oversubscription upto Rs 50 crore (Green Shoe Option), 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 January 2, 2025 has, inter alia, approved the same. 

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


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