UGRO Capital Limited has successfully completed the allotment of non-convertible debentures (NCDs) worth ₹150 crore through private placement. The company's Investment and Borrowing Committee of the Board of Directors approved the allotment on December 16, 2025, marking a significant milestone in the company's debt fundraising strategy.

NCD Allotment Details

The latest regulatory filing reveals comprehensive details of the debenture issuance:

Security and Risk Management

UGRO Capital has established robust security measures for the debenture holders. The company will maintain a minimum security cover of 1.10 times at all times during the tenure of the debentures over loan receivables, both present and future, that fulfill specific eligibility criteria. This security arrangement provides additional protection for investors and demonstrates the company's commitment to risk management.

Payment Terms and Default Provisions

The NCDs feature a structured payment mechanism with monthly coupon payments at 9.99% per annum. In case of delays in payment of interest or principal amount for more than three months from the due date, the rate increases to coupon rate plus 2.00% per annum. The debentures will be redeemed at par value upon maturity, providing clarity on the redemption process.

Regulatory Compliance and Transparency

The allotment was executed in compliance with Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made the information available on its website at www.ugrocapital.com , ensuring transparency and adherence to regulatory requirements. This systematic approach to disclosure reinforces investor confidence in the company's governance practices.

The successful completion of this NCD allotment demonstrates UGRO Capital's ability to access debt markets effectively and provides the company with additional capital for its business operations and growth initiatives in the financial services sector.

UGRO Capital , a prominent player in the financial services sector, has made a significant move in the debt market by allotting commercial papers (CPs) worth ₹14.45 crore. This strategic financial decision demonstrates the company's active engagement in short-term borrowing to potentially support its operational needs and growth initiatives.

Key Details of the Commercial Paper Issuance

Significance of the Issuance

The commercial papers issued by UGRO Capital carry a face value of ₹5.00 lakh per security but are priced at ₹4.81 lakh, indicating a discount to face value typical of such short-term debt instruments. This pricing structure allows investors to earn returns through the difference between the purchase price and the redemption value.

With a redemption value set at ₹15.00 crore, the company is effectively borrowing at competitive rates for its short-term financing needs. The 158-day tenure of these CPs provides UGRO Capital with flexibility in managing its cash flows while offering investors a relatively short-term investment opportunity.

Listing and Regulatory Compliance

UGRO Capital has proposed to list these commercial papers, a move that could enhance the liquidity of the instruments for investors. The company's prompt disclosure of this allotment, in line with Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, underscores its commitment to transparency and regulatory compliance.

The Investment and Borrowing Committee of UGRO Capital's Board of Directors approved this allotment, reflecting the strategic nature of the decision within the company's financial planning framework.

As the financial landscape continues to evolve, UGRO Capital's utilization of commercial papers demonstrates its active approach to capital management and its ability to leverage various financial instruments to support its business objectives.