Ugro Capital Allots ₹137 Cr Non-Convertible Debentures

Ugro Capital Ltd has announced the allotment of 1,37,000 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹137 Crores. The allotment was approved by the Investment and Borrowing Committee of the Board of Directors on September 30, 2026, through private placement. These NCDs have a tenure of 13 months, a coupon rate of 9.75% per annum payable monthly, and are proposed to be listed on the Wholesale Debt Market segment of BSE Limited. The final redemption date is October 30, 2027. Security for the debentures will be created through a first-ranking pledge over equity shares.