Ugro Capital gets nod to raise Rs 46 crore through NCDs

Ugro Capital has received approval from board of directors to raise Rs 46 crore through issue of 460 Secured, Rated, Listed, Redeemable, Transferable, Non-convertible Debentures (NCDs) each bearing a face value of Rs 10,00,000 for cash, at par, on a private placement basis. The Board of Directors of the Company at its meeting held on December 11, 2021 has approved the same.

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