The Investment and Borrowing Committee of the Board of Directors of Ugro Capital Limited on Wednesday allotted 350 rated, secured, senior, listed, transferable, redeemable nonconvertible debentures (NCDs) having face value of Rs10 lakh each for cash at par aggregating to Rs35cr through private placement basis.
The Debentures are proposed to be listed on BSE Limited. The tenure of the instrument is 72 months and the coupon rate is 11.30% per annum.
At around 12.10 PM, Ugro Capital Limited was trading at Rs217.05 up Rs4.50 or 2.12% on the BSE.
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