Ugro Capital Allots Commercial Papers Worth ₹28.79 Cr

Ugro Capital Ltd announced the allotment of Commercial Papers (CPs) worth ₹28.79 crore. The Investment and Borrowing Committee of the Board of Directors approved the allotment on July 13, 2026. The CPs have a face value of ₹5,00,000 each and were issued at ₹4,79,884.50 per security, resulting in an issue value of ₹28,79,30,700. The tenure of these CPs is 170 days, with a redemption date set for December 30, 2026. The issue price implies a yield, and the redemption value is ₹30,00,00,000. Yes Bank Limited is the appointed IPA for this issuance. This move is part of the company's ongoing debt financing activities.