ALPHA TRIBE

Ugro Capital LimitedQIP/Rights/Pref., 22-04-2025: Allotment of Securities

22-04-2025 | 06:28 pm

The company has allotted 10 million equity shares at an issue price of ₹100 per share to institutional investors in a recent placement. This allocation aims to strengthen the company's capital base and fund upcoming growth initiatives. Notably, the allocation includes participation from key institutional stakeholders and aligns with the company’s strategic objectives to enhance its market position. The successful allotment signifies strong investor confidence, which may positively impact shareholder value in the coming months.

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