Ugro Capital Limited — Others, 12-03-2025: Security Cover Certificate

UGRO Capital Limited has announced a board meeting to discuss the security cover certificate for the quarter ended December 31, 2024. This document, prepared by Sharp & Tannan Associates, confirms compliance with requirements related to secured redeemable non-convertible debentures. Management is tasked with ensuring that the security cover ratio meets stipulated levels, and they state adherence to financial covenants. This update should reassure investors about ongoing compliance and security for debenture holders, potentially fostering a positive outlook regarding the company’s financial stability and governance.