Intimation of raising of funds by way of issuance of non-convertible debentures through private placement basis.

Ugro Capital Limited has informed the stock exchanges about its plans to raise funds by issuing non-convertible debentures (NCDs) on a private placement basis. Non-convertible debentures are debt instruments that cannot be converted into equity shares, meaning investors will receive fixed interest payments and principal repayment at maturity. The company has not disclosed the issue size, coupon rate, or the identity of investors in this intimation. Private placement means the NCDs will be offered to a select group of institutional or high-net-worth investors rather than the general public. Further details on pricing, tenure, and end-use of funds are expected in subsequent disclosures.