Ugro Capital Limited — Others, 10-12-2024: Security Cover Certificate
10-12-2024 | 10:59 am
10-12-2024 | 10:59 am
UGRO Capital has shared a Security Cover Certificate for the quarter ended 30 September 2024, confirming compliance with its obligations regarding listed Secured Redeemable Non-Convertible Debentures. The certificate, verified by the company's auditors, indicates a security cover of 1.12 times, maintaining consistent coverage compared to previous quarters.
This affirmation of financial stability reinforces UGRO's ability to meet its debt commitments, likely enhancing investor confidence. The continuity of compliance suggests operational resilience and may resonate positively with investors monitoring the company’s debt management and overall financial health.
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