UGRO Capital Limited has announced the allotment of commercial papers worth ₹14.67 crore through its Investment and Borrowing Committee. The committee approved this debt instrument issuance on March 20, 2026, as part of the company's funding strategy.

Commercial Paper Details

The commercial papers carry specific terms and conditions that reflect the company's short-term borrowing requirements. The securities are structured with a 90-day tenure, providing the company with immediate liquidity while offering investors a short-term investment opportunity.

Pricing and Returns Structure

The commercial papers have been priced at ₹4.89 lakh per security against a face value of ₹5 lakh, indicating a discount to face value structure typical of commercial paper instruments. The total redemption value stands at ₹15 crore, representing the amount payable to investors upon maturity.

Regulatory Compliance

The allotment has been approved in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about this development. The relevant information has also been made available on the company's official website at www.ugrocapital.com .

Market Positioning

With Yes Bank Limited, Mumbai appointed as the Issue and Paying Agent, the commercial paper issuance demonstrates UGRO Capital's access to institutional banking relationships for its debt market operations. The 90-day tenure aligns with typical commercial paper maturity periods, providing flexibility for both the issuer and potential investors in the money market segment.

Ugro capital has announced that its Investment and Borrowing Committee will meet on March 21, 2026, to consider raising funds through the issuance of Non-Convertible Debentures (NCDs) via private placement. The meeting notification was communicated to stock exchanges on March 18, 2026.

Meeting Details and Regulatory Compliance

The committee meeting has been scheduled in accordance with Regulation 29(1)(d) read with Regulation 50(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this scheduled meeting.

Fundraising Initiative

The primary agenda of the committee meeting involves considering and approving the raising of funds through Non-Convertible Debentures on a private placement basis. This represents a potential debt fundraising mechanism for the company, subject to committee approval.

Corporate Communication

The official communication was signed by Satish Kumar, Company Secretary and Compliance Officer, and has been made available on the company's website at www.ugrocapital.com . The notification ensures transparency and compliance with stock exchange requirements for material corporate actions.

UGRO Capital Limited, incorporated in 1993, operates from its registered office in Mumbai and specializes in financial services. The company maintains its listing on both major Indian stock exchanges under the symbol UGROCAP.