Ugro Capital Limited — QIP/Rights/Pref., 22-04-2025: Allotment of Securities

UGRO Capital Limited has allotted Commercial Papers (CPs) amounting to ₹23.95 Cr, with an issue price of ₹4,78,977.50 per security and a face value of ₹5,00,000. The CPs have a tenure of 178 days, set to mature on 17th October 2025, with a redemption value of ₹25 Cr. The allotment was approved by the Investment and Borrowing Committee and is proposed to be listed. The transaction is expected to enhance liquidity for the company, supporting its funding needs for ongoing operations.