Ugro Capital Ltd Approves Allotment of Unlisted Commercial Papers Worth Rs. 25 Crores

Ugro Capital Ltd has approved the allotment of unlisted Commercial Papers worth Rs. 25 Crores. The Investment and Borrowing Committee of the Board of Directors made this decision on Monday, 30th March 2026. The Commercial Papers, with a face value of Rs. 5,00,000 each, will be issued at Rs. 4,98,893 per security, amounting to a total issue value of Rs. 24,94,46,500. The redemption value of these securities will be Rs. 25,00,00,000. The redemption date is set for 08-04-2026, making the tenure of the security 09 days. Yes Bank Limited, Mumbai, is the named Issuing Purchase Agent (IPA) for these securities.