UGRO Capital Limited approves NCDs issue of Rs. 25 crores

The Investment and Borrowing Committee of the Board of Directors of UGRO Capital Limited ("Committee") at its meeting held today, i.e. Wednesday, 13 July 2022 has approved issuance of 250 senior, secured, rated, listed, redeemable, taxable Non-convertible Debentures ("Debentures") each bearing a face value of Rs. 10,00,000/- (Rupees Ten Lakh only) aggregating up to Rs 25,00,00,000/- (Rupees Twenty Five Crores only), for cash, at par, in dematerialised form, on a private placement basis.

Shares of Ugro Capital Ltd was last trading in BSE at Rs. 153.90 as compared to the previous close of Rs. 150.00. The total number of shares traded during the day was 4487 in over 232 trades.

The stock hit an intraday high of Rs. 154.90 and intraday low of 148.20. The net turnover during the day was Rs. 685467.00.

Source : Equity Bulls

Keywords

UgroCapital INE583D01011 FundRaising NCDs