Intimation of Re-opening of Issuance of Non-Convertible Debentures
UGROCAP · price
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Ugro Capital has decided to re-open the issuance of Non-Convertible Debentures (NCDs) under Series 2, aggregating to INR 100 Crores. This follows an earlier intimation dated 22nd December 2025, under which the Company had withdrawn the proposed issuance. The re-opening decision was taken on 24th December 2025. The filing is made under SEBI Listing Regulations, and no details on coupon rate, tenure, or use of proceeds are disclosed in this particular intimation.
For shareholders, this is a routine debt-raising update; the Company is moving forward with a previously deferred INR 100 Crore NCD issuance, which suggests continued capital raising activity but does not indicate equity dilution.