Ugro Capital Limited — QIP/Rights/Pref., 07-02-2025: Allotment of Securities

UGRO Capital Limited has completed the allotment of 50,000 Senior, Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures, with a face value of ₹10,000 each, aggregating to ₹50 Crore, through private placement. The debentures feature a coupon rate of 10.02% per annum, payable monthly, and have a tenure of 18 months, maturing on August 7, 2026. They will be listed on BSE, secured by a first ranking exclusive charge over certain identified receivables, maintaining 110% coverage over the outstanding principal plus accrued interests.