UGRO Capital Limited raises Rs. 20 crores through NCD issue
The Investment and Borrowing Committee of the Board of Directors of UGRO Capital Limited has made an allotment of 2000 NCDs aggregating to Rs. 20 crore.
Stay updated with breaking news from Borrowing Committee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Investment and Borrowing Committee of the Board of Directors of UGRO Capital Limited has made an allotment of 2000 NCDs aggregating to Rs. 20 crore.
The Investment and Borrowing Committee of the Board of Directors of UGRO Capital Ltd has, approved an issue of 2,000 NCDs aggregating up to Rs 20,00,00,000/-, for cash, at par, in dematerialised form, on a private placement basis.
The tenure of the security is 365 days and name of the IPA is Yes bank Limited, Mumbai.
Read more about Ugro Capital to consider fund raising via debt route on Business Standard. In month of June
During month of MayUgro Capital is considering raising of funds through various options of borrowings including by way of issue of debt securities on a private placement basis. Based on the market conditions, Investment and Borrowing Committee will consider and approve such issuances of debt securities during the month ending 31 May, 2021 subject to such terms and conditions including the issue price of debt securities, as the Committee may deem fit. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)...