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Ugro Capital gets nod to raise upto Rs 50 crore through NCDs
Sep-17-2025

Ugro Capital has received approval from Investment and Borrowing Committee to raise upto Rs 50 crore through issuance of upto 5,000 unsecured, rated, subordinated, listed, taxable, redeemable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees, each having face value of Rs 1,00,000 on a private placement basis. 

The Investment and Borrowing Committee of the Board of Directors of the Company at its meeting held on September 17, 2025 has, inter alia, approved the same. 

UGRO Capital is a BSE listed, small business lending fintech platform. 

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