Ugro Capital Limited has informed the Exchange regarding allotment of 150000 securities pursuant to Non Convertible Debentures at its meeting held on October 17, 2025
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Ugro Capital Limited has allotted 150,000 Non-Convertible Debentures (NCDs) following a board meeting held on October 17, 2025. The company has informed the stock exchange about this allotment. No details about the issue price, yield, or use of proceeds have been disclosed in this filing. NCDs are debt instruments that pay fixed interest and are repayable at maturity, adding to the company's borrowings.
This increases the company's debt burden through fresh NCD issuance. Shareholders should watch for further disclosures on coupon rate, tenor, and end-use of funds, as these will determine the impact on the company's interest costs and capital structure.