ALPHA TRIBE

Ugro Capital LimitedOthers, 11-08-2025: Monitoring Agency Report

11-08-2025 | 06:21 pm

UGRO Capital's latest monitoring agency reports confirm the proper utilization of funds from both its Rights Issue and Preferential Issue for the quarter ended June 30, 2025. From the Rights Issue, the company received INR 380.72 Cr and utilized INR 377.11 Cr towards augmenting its capital base, general corporate purposes, and issue expenses, with no deviation from stated objects. For the Preferential Issue, INR 513.37 Cr was received and fully utilized as planned, primarily for loan portfolio growth and debt repayment. These reports highlight the company's compliance and disciplined use of capital, which is crucial for stakeholders.

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