Ugro Capital Limited — Others, 13-02-2025: Monitoring Agency Report

UGRO Capital Limited has disclosed the monitoring agency report for the quarter ending December 31, 2024, prepared by India Ratings & Research. This report assesses the utilization of proceeds from the recent Preferential Issue. The information is aimed at providing transparency regarding the effective use of the raised capital. From an investor perspective, this highlights the company’s commitment to accountability and could foster a positive outlook regarding its financial stewardship. It may also mitigate potential risks related to fund usage, enhancing investor confidence in UGRO’s operational strategies.