Intimation of allotment of Commercial Papers
UGROCAP · price
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Ugro Capital Limited's Investment and Borrowing Committee has approved the allotment of Commercial Papers on 12th May 2026. The CPs have a face value of Rs. 5 lakh each, issued at Rs. 4,78,761.50 (a discount of Rs. 21,238.50 per CP). The total issue value is approximately Rs. 13.4 crore with a redemption value of Rs. 14 crore. The CPs have a tenure of 184 days ( maturing on 12th November 2026) and are proposed to be listed on the stock exchanges. Yes Bank Limited acts as the Issuing and Paying Agent. This is a standard short-term debt instrument used by the company to raise working capital.
Commercial paper issuance indicates the company is raising short-term funds at market rates. This is routine funding activity for a Non-Banking Financial Company (NBFC) like Ugro Capital. No immediate shareholder impact expected.