UGRO Capital Gets Board Nod to Raise Up To INR2.6 Billion Via Debt Issue

MT Newswires Live

Feb 20, 2025

UGRO Capital (NSE:UGROCAP, BOM:511742) received board approval to raise up to 2.6 billion Indian rupees through the allotment of non-convertible debentures on private placement basis, according to a Thursday filing to the Indian stock exchanges.

The company will allot 26,000 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures, each having a face value of 100,000 rupees.

The debentures will be allotted on Feb. 20 with a coupon rate of 10.28% per annum that will mature on Feb. 20, 2029. It is proposed that they be listed on the Indian stock exchange BSE.

Shares of the company were up over 1% in recent trade.

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It is proposed that they be listed on the Indian stock exchange BSE.</p><p>Shares of the company were up over 1% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4152","symbol_name":"农用农业机械","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2512231413","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512231413","pubTimestamp":1740040581,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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