UGRO Capital Limited allots NCDs for Rs. 70 crores

The Investment and Borrowing Committee of the Board of Directors of UGRO Capital Limited ("Committee") at its meeting held today, i.e. Thursday, 22nd September, 2022 has, approved an issuance of 700 (Seven Hundred) Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures, each having a face value of Rs 10,00,000 (Indian Rupees Ten Lakhs) an aggregate face value of Rs. 70,00,00,000 (Indian Rupees Seventy Crores) including a green shoe option of upto 200 (two hundred) Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures, each having a face value of Rs. 10,00,000 (Indian Rupees Ten Lakhs) and an aggregate face value of Rs. 20,00,00,000 (Indian Rupees Twenty Crores), at premium (with an issue price of Rs. 10,40,706 (Rs. Ten Lakhs Forty Thousand Seven Hundred and Six Only) per Debenture on a private placement basis.

Source : Equity Bulls

Keywords

UGROCapital FundRaising NCDs