UGRO Capital Limited has allotted 20,000 Unsecured, Rated, Subordinated, Listed, Taxable, Redeemable, Non-Convertible Debentures, raising ₹200 crore through private placement. The decision was made by the Investment and Borrowing Committee of the Board of Directors on September 15, 2025.
The debentures, denominated in Indian Rupees (INR), have a face value of ₹1,00,000 each. This issuance aims to augment the company's Tier II capital, in compliance with the Reserve Bank of India's Non-Banking Financial Company - Scale Based Regulation Directions, 2023.
| Particulars | Details |
|---|---|
| Type of Securities | Unsecured, Rated, Subordinated, Listed, Taxable, Redeemable, Non-Convertible Debentures |
| Type of Issue | Private Placement |
| Size of Issue | ₹200 Crore |
| Listing | BSE Limited |
| Tenure of Instrument | 66 months from the Date of Allotment |
| Date of Allotment | 15th September 2025 |
| Date of Maturity | 15th March 2031 |
| Coupon/Interest Rate | 11.65% p.a. p.m. |
| Schedule of Payment | Coupon payable on monthly basis; Debentures shall be redeemed on maturity |
| Charge/Security | N.A. (Unsecured) |
| Special Right/Interest/Privileges | No |
| Delay in Payment | Coupon rate plus 2.0% (Two Percent) per annum. |
| Letter or Comments Regarding Payment | Nil |
| Redemption Details | Redemption at par, on maturity date. |
| Cancellation or Termination of Proposal | N.A. |
The company has affirmed that this information is available on its website, www.ugrocapital.com.
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