Allotment of unlisted Commercial Papers amounting to Rs. 50 crore and Rs. 40 crore to northern arc capital limited, comprising 1,000 and 800 securities respectively.
UGROCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ugro Capital has allotted two tranches of unlisted Commercial Papers (CPs) totalling Rs. 90 crore to Northern Arc Capital Limited. The first tranche of Rs. 50 crore comprises 1,000 securities with a face value of Rs. 5 lakh each, issued at Rs. 4,78,069 per security for a 184-day tenor maturing on 2 April 2026. The second tranche of Rs. 40 crore comprises 800 securities at Rs. 4,73,079 per security for a 227-day tenor maturing on 15 May 2026. Both were allotted on 30 September 2025 with Yes Bank as the Issuing and Paying Agent. The implied yields work out to roughly 9.1% on an annualised basis. Yes Bank is acting as the issuing and paying agent for both tranches.
This is a routine short-term debt raise (under one year) and has no direct impact on equity shareholders. It reflects normal borrowing activity for an NBFC to fund its lending operations and is not dilutive for existing shareholders.