Ugro Capital Limited — QIP/Rights/Pref., 30-01-2025: Allotment of Securities

UGRO Capital Limited's Investment and Borrowing Committee has approved the allotment of 7,500 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) through private placement. The total issue size is ₹75 crore, with each debenture having a face value of ₹1 lakh. The NCDs will mature in 48 months, on January 30, 2029, and carry a coupon rate of 10% per annum, payable quarterly. A first-ranking exclusive charge is maintained over identified receivables, ensuring security for investors. These debentures will be listed on BSE.