Loan & Debt7 May 2026, 08:21 pm
Ugro Capital Allots Commercial Papers Worth ₹23 Cr
AI Summary
Ugro Capital Ltd has announced the allotment of listed Commercial Papers (CPs) on May 7, 2026, as approved by the Investment and Borrowing Committee of the Board of Directors. The CPs, with a face value of ₹5,00,000 each and an issue price of ₹4,78,751.50, have an issue value of ₹22,02,25,690 and a redemption value of ₹23,00,00,000. The CPs have a tenure of 180 days and will be redeemed on November 3, 2026. Yes Bank Limited, Mumbai is the IPA.
Key Highlights
- Ugro Capital allots listed Commercial Papers on May 7, 2026.
- CPs have a face value of ₹5,00,000 each.
- Total issue value of the CPs is ₹22,02,25,690.
- Redemption value of the CPs is ₹23,00,00,000 on November 3, 2026.
- Yes Bank Limited, Mumbai is the IPA for the CPs.
Price Impact
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