Intimation of allotment of unlisted Commercial Papers
UGROCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ugro Capital has allotted unlisted Commercial Papers (CPs) worth Rs. 25 Crores on 30th March 2026. Each CP has a face value of Rs. 5,00,000 and was issued at a slight discount of Rs. 4,98,893. The papers carry a very short tenure of just 9 days, maturing on 8th April 2026, and the redemption value is Rs. 25 Crores. Yes Bank acted as the Issuing and Paying Agent (IPA). This is a routine short-term funding activity for the NBFC.
This is a minor, routine short-term borrowing of Rs. 25 Crores for only 9 days, with negligible impact on shareholders or stock price. It indicates normal working capital management by the NBFC and is not a capital-raising event of meaningful size.