UGRO Capital Raises INR1 Billion Through Debenture Allotment

MT Newswires Live

Nov 06, 2025

UGRO Capital (NSE:UGROCAP, BOM:511742) has raised 1 billion Indian rupees through the allotment of non-convertible debentures on a private placement basis, according to a Thursday filing to the Indian stock exchanges.

The company allotted 10,000 unsecured, rated, subordinated, listed, taxable, redeemable, non-convertible debentures denominated in Indian rupees of face value of 100,000 rupees each, the filing said.

The debentures carry a coupon rate of 11.65% per annum and are scheduled to mature on May 6, 2031, it added.

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