Loan & Debt22 Jun 2026, 06:20 pm
Ugro Capital Allots Commercial Papers Worth ₹24.45 Cr
AI Summary
Ugro Capital Ltd announced the allotment of Commercial Papers (CPs) worth ₹24.45 crore. The allotment was approved by the Investment and Borrowing Committee of the Board of Directors on June 22, 2026. The CPs have a tenure of 91 days, with a face value of ₹5,00,000 and an issue price of ₹4,89,027 per security. The redemption date is set for September 21, 2026. Yes Bank Limited acts as the IPA for this issuance. This move is part of the company's ongoing debt financing activities.
Key Highlights
- Ugro Capital allotted Commercial Papers worth ₹24.45 crore.
- The CPs have a tenure of 91 days and mature on September 21, 2026.
- The face value per security is ₹5,00,000, issued at ₹4,89,027.
- Yes Bank Limited is the IPA for the issuance.
Price Impact
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