UGRO Capital Limited, a non-banking financial company, has announced plans to explore fund-raising options through the issuance of non-convertible debentures (NCDs). The company's Investment and Borrowing Committee is scheduled to meet on November 7, 2025, to consider and potentially approve this financing mechanism.

Key Details of the Proposed Fund Raising

Company Background

UGRO Capital Limited, headquartered in Mumbai, is a listed entity on both the BSE and the National Stock Exchange. The company operates in the financial services sector, focusing on lending activities.

Regulatory Compliance

This announcement aligns with the company's obligations under Regulation 29(1)(d) read with Regulation 50(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations require listed entities to inform stock exchanges about meetings scheduled to consider fund-raising through debt instruments.

Upcoming Financial Results

In a separate announcement, UGRO Capital has also scheduled an earnings conference call for November 10, 2025, to discuss its unaudited financial results for the quarter and half-year ended September 30, 2025. This call may provide additional context for the company's fund-raising plans and overall financial strategy.

Investors and stakeholders are advised to monitor official company communications for further updates on the proposed NCD issuance and the company's financial performance.

UGRO Capital , a non-banking financial company, has successfully raised Rs 16.43 crore through the issuance of Commercial Papers (CPs). The company's Investment and Borrowing Committee approved the allotment on October 28, 2025, as part of its ongoing efforts to manage short-term liquidity.

Key Details of the Commercial Paper Issuance

Issuance Highlights

The Commercial Papers were issued at a discounted price of Rs 4,83,092 per security, against a face value of Rs 5 lakh each. This pricing allows UGRO Capital to manage its short-term funding requirements while offering an investment opportunity for potential investors.

Maturity and Returns

With a tenure of 146 days, the CPs are set to mature on March 23, 2026. At maturity, the total redemption value will amount to Rs 17 crore, representing a return for investors over the initial issue price.

Role of Yes Bank

Yes Bank Limited, Mumbai, has been appointed as the Issue and Paying Agent (IPA) for these Commercial Papers, overseeing the issuance process and ensuring execution of the transaction.

Regulatory Compliance

In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, UGRO Capital has informed the stock exchanges about this CP issuance. The company has stated that the information regarding this allotment will be made available on its official website at www.ugrocapital.com .

This Commercial Paper issuance by UGRO Capital demonstrates the company's approach to managing its short-term financial needs and its ability to use money market instruments for fundraising.