Ugro Capital Limited — QIP/Rights/Pref., 23-01-2025: Issue of Securities

UGRO Capital Limited's Investment and Borrowing Committee has approved the issuance of up to 7,500 senior, secured, listed, rated, redeemable, taxable, non-convertible debentures at a face value of ₹1,00,000 each, aggregating up to ₹75 crore, with a Green Shoe Option to retain oversubscription of up to ₹25 crore. The debentures are set for a 48-month tenure, with a tentative repayment date of January 30, 2029, and a coupon rate of 10% per annum, payable quarterly. This fundraising aims to enhance the company's capital structure.