Ugro Capital Ltd Announces Allotment of INR 75 Crores Non-Convertible Debentures Through Private Placement

Ugro Capital Ltd has announced the allotment of 7,500 Listed, Rated, Senior, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) through private placement. The size of the issue is INR 75 crores, and the Debentures are proposed to be listed on BSE Limited. The tenure of the instrument is 30 months from the date of allotment, with a coupon rate of 10.00% p.a.p.m. payable monthly. The Debentures will have a first ranking exclusive and continuing charge over the assets of the company.