Ugro Capital Limited Approves Allotment of Commercial Papers Worth Rs 38.65 Crore
Ugro Capital Limited has approved the allotment of Commercial Papers (CPs). This decision was made by the Investment and Borrowing Committee of the Board of Directors on July 2, 2026.The CPs, which are set to be listed, feature a tenure of 141 days. The transaction details indicate that Yes Bank Limited, Mumbai, serves as the Initial Public Agent (IPA).
Key financial and operational particulars regarding the Commercial Papers include:
| Feature | Detail |
|---|---|
| Security Type | Commercial Papers |
| Status | Proposed to be listed |
| Allotment Date | July 2, 2026 |
| Redemption Date | November 20, 2026 |
| Tenure of the Security | 141 days |
| Face Value per Security | Rs 5,00,000/- |
| Issue Price per Security | Rs 4,83,200.50/- |
| Issue Value | Rs 38,65,60,400/- |
| Redemption Value | Rs 40,00,00,000/- |
The security has an ISIN of INE583D14949.
UGROCAP Stock Price Movement
Ugro Capital Limited shares closed today after shedding value, settling at ₹97.54 compared to its previous close. The stock traded within a range of ₹96.99 to ₹98.89, recording a volume of 143,145 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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