StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt17 Aug 2026, 08:10 pm

Ugro Capital Allots Commercial Papers Worth ₹4.89 Cr

AI Summary

Ugro Capital Ltd announced the allotment of Commercial Papers (CPs) on August 17, 2026, approved by its Investment and Borrowing Committee. The CPs have a face value of ₹5,00,000 each, with an issue price of ₹489,027 per security, totaling an issue value of ₹48,902,700. The tenure of these CPs is 91 days, with a redemption date set for November 16, 2026. The ISIN for this issuance is INE583D14972. The details of this allotment are available on the company's website.

Key Highlights

  • Ugro Capital approved allotment of Commercial Papers.
  • Total issue value amounts to ₹48,902,700.
  • CPs have a tenure of 91 days.
  • Redemption date is November 16, 2026.
  • IPA is Yes Bank Limited.