Ugro Capital raises ₹28.79 Cr via commercial papers

1 min read     Updated on 15 Jul 2026, 12:30 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Ugro Capital raised ₹28.79 crore through the allotment of Commercial Papers on July 13, 2026. The 170-day instrument, maturing on December 30, 2026, was approved by the Investment and Borrowing Committee. Yes Bank Limited acted as the Issue and Paying Agent for the transaction.

powered bylight_fuzz_icon
45241633

*this image is generated using AI for illustrative purposes only.

Ugro Capital raised ₹28.79 crore through the allotment of Commercial Papers on July 13, 2026, to manage its liquidity requirements. The funds were secured via a 170-day tenure instrument, which is set to mature on December 30, 2026. The Investment and Borrowing Committee of the Board of Directors approved the allotment, with Yes Bank Limited acting as the Issue and Paying Agent.

Key Details of the Allotment

The specific financial metrics and terms of the Commercial Papers are detailed below:

Description Details
Description of the Security Commercial Papers
Listed/Unlisted Proposed to be listed
Allotment Date 13 July 2026
Redemption Date 30 December 2026
Tenure of the security 170 days
Face Value per Security (Rs.) 5,00,000/-
Issue Price per Security (Rs.) 4,79,884.50/-
Issue value (Rs.) 28,79,30,700/-
ISIN INE583D14964
Redemption value (Rs.) 30,00,00,000/-
Name of IPA Yes Bank Limited, Mumbai

The allotment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made this information available on its official website.

Historical Stock Returns for UGRO Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+2.38%+5.34%+0.73%-33.47%-42.51%-12.89%

How will the proceeds from this commercial paper issuance impact Ugro Capital's short-term liquidity and debt management strategy?

What are the implications of the proposed listing of these commercial papers for Ugro Capital's future access to capital markets?

How does the cost of funds for this issuance compare to Ugro Capital's previous debt instruments, and what does it signal about investor confidence?

ACM Global Fund VCC cuts stake in Ugro Capital to 4.88%

1 min read     Updated on 06 Jul 2026, 08:46 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

ACM Global Fund VCC reduced its stake in Ugro Capital Limited from 5.91% to 4.88% by selling 1,590,909 shares on July 2, 2026. The open market transaction was disclosed to BSE and NSE on July 6, 2026, under SEBI takeover regulations.

powered bylight_fuzz_icon
44896573

*this image is generated using AI for illustrative purposes only.

ACM Global Fund VCC reduced its shareholding in Ugro Capital Limited by selling 1,590,909 equity shares via the open market on July 2, 2026. The transaction, disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, lowered the acquirer's stake from 5.91% to 4.88% of the total paid-up equity share capital.

The disclosure confirms that ACM Global Fund VCC is not part of the promoter or promoter group of Ugro Capital. Prior to the sale, the entity held 9,171,989 shares carrying voting rights, representing 5.91% of the total share capital. There were no encumbrances, voting rights held otherwise than by shares, or convertible instruments involved either before or after the transaction.

The sale involved only shares carrying voting rights, with no disposal of warrants or other instruments. The total diluted share capital of Ugro Capital remains unaffected by convertible securities, as none were outstanding. The shares of Ugro Capital are listed on BSE Limited and National Stock Exchange of India Limited.

Shareholding Details

The following table outlines the changes in ACM Global Fund VCC's shareholding in Ugro Capital Limited:

Description Number of Shares % of Total Share Capital % of Total Diluted Share Capital
Holding Before Sale
Shares carrying voting rights 9,171,989 5.91% 5.91%
Encumbered shares NIL NIL NIL
Total Before Sale 9,171,989 5.91% 5.91%
Transaction Details
Shares sold 1,590,909 1.02% 1.02%
Holding After Sale
Shares carrying voting rights 7,581,080 4.88% 4.88%
Encumbered shares NIL NIL NIL
Total After Sale 7,581,080 4.88% 4.88%

The disclosure was submitted to the stock exchanges on July 6, 2026, by the authorised signatory of ACM Global Fund VCC based in Singapore.

Historical Stock Returns for UGRO Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+2.38%+5.34%+0.73%-33.47%-42.51%-12.89%

What might this reduction in stake indicate about ACM Global Fund VCC's future investment strategy regarding Ugro Capital?

How could this significant share sale impact Ugro Capital's stock price and investor sentiment in the short term?

Is this divestment part of a broader trend of foreign investors reducing exposure to the Indian NBFC sector?

More News on UGRO Capital

1 Year Returns:-42.51%