UGRO Capital Limited issues NCDs for Rs. 35 crores

The Investment and Borrowing Committee of the Board of Directors of UGRO Capital Limited ("Committee") today, i.e. Wednesday, 12th January 2022 has made an allotment of 350 rated, secured, senior, listed, transferable, redeemable nonconvertible debentures having face value of Rs. 10,00,000 each for cash at par aggregating to Rs. 35 crores, on private placement basis.

The tenure of the instrument is 72 (Seventy Two) months.

The Coupon / interest offered is 11.30% (Eleven Decimal Point Three Zero Percent) per annum payable semi-annually.

Shares of Ugro Capital Ltd was last trading in BSE at Rs. 212.55 as compared to the previous close of Rs. 210.05. The total number of shares traded during the day was 29486 in over 1413 trades.

The stock hit an intraday high of Rs. 219.70 and intraday low of 210.50. The net turnover during the day was Rs. 6316683.00.

Source : Equity Bulls

Keywords

UgroCapital INE583D01011 FundRaising NCDs PrivatePlacement