Ugro Capital Limited — QIP/Rights/Pref., 24-04-2025: Allotment of Securities

UGRO Capital Limited has approved the allotment of 2,000,000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each, aggregating up to ₹20,000 crore, through a public issue. The NCDs will have varying tenures ranging from 18 to 42 months and will offer interest rates between 10.00% and 10.50% per annum. The securities are set to be listed on both the National Stock Exchange and BSE. The proceeds are intended to strengthen capital and support the company's financial structuring.