UGRO Capital Limited Allots Non-Convertible Debentures via Private Placement
Mumbai – March 18, 2026 – UGRO Capital Limited announced today the allotment of Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures through a private placement. The Investment and Borrowing Committee of the Board of Directors approved the allotment.The total value of the debenture issuance is INR 45,00,00,000. Each debenture has a face value of INR 10,000. The debentures are proposed to be listed on the BSE Limited.
Key details of the debenture issuance are as follows:
| Particulars | Details |
|---|---|
| Type of Securities | Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures |
| Type of Issue | Private placement |
| Size of Issue | INR 45,00,00,000 |
| Tenure | 13 months from the Date of Allotment |
| Date of Allotment | March 18, 2026 |
| Date of Maturity | April 18, 2027 |
| Coupon/Interest Rate | 9.50% p.a. payable monthly |
| Security | UGRO Capital Limited has created a first-ranking pledge over equity shares in favor of the Debenture Trustee. |
| Default Interest | Coupon rate plus 2.0% per annum. |
| Redemption | At par |
The company has stated that no special rights or privileges are attached to the instrument. Further details are available on the company's website at www.ugrocapital.com.
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