Ugro Capital Limited — Others, 02-04-2025: Copy of Newspaper Publication

UGRO Capital Limited has announced a board meeting on April 3, 2025, to discuss the proposed public issue of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) with a base issue size of ₹10,000 lakh, and an option to retain oversubscription up to ₹10,000 lakh. The issue is expected to open on April 3 and close on April 21, 2025. The NCDs carry a credit rating of "IND A+/STABLE" from India Ratings, reflecting a good degree of safety for timely interest payments. This move could enhance investor interest and strengthen the company's capital structure, although potential risks relate to market conditions and investor uptake.