Ugro Capital Limited — QIP/Rights/Pref., 05-03-2025: Allotment of Securities

UGRO Capital Limited has approved the allotment of unlisted Commercial Papers (CPs) worth ₹25 Crore. Each security has a face value of ₹5,00,000, issued at a price of ₹4,84,393. The total issue value amounts to ₹24.22 Crore, with a redemption value of ₹25 Crore at maturity on July 3, 2025. The tenure of these CPs is 120 days, and the process involved is facilitated by Yes Bank Limited. This financial move is aimed at strengthening the company's capital structure.