Ugro Capital raises ₹19.15 Cr via commercial papers

1 min read     Updated on 10 Jul 2026, 08:37 PM
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AI Summary

Ugro Capital raised ₹19.15 crore through the allotment of Commercial Papers on July 10, 2026, with a tenure of 180 days and a redemption date of January 6, 2027. The papers, proposed to be listed, have a face value of ₹5,00,000 per security and an issue price of ₹4,78,751.50. Yes Bank Limited served as the Issue and Paying Agent for the transaction.

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Ugro Capital has successfully raised ₹19.15 crore through the allotment of Commercial Papers on July 10, 2026. The funds were secured via a 180-day tenure instrument, which is set to mature on January 6, 2027. This move is part of the company's ongoing borrowing activities to manage its liquidity requirements.

The Investment and Borrowing Committee of the Board of Directors approved the allotment. The Commercial Papers are proposed to be listed, providing transparency and marketability for the instrument. Yes Bank Limited acted as the Issue and Paying Agent for this transaction.

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 10 July 2026
Redemption Date 06 January 2027
Tenure of the security 180 days
Face Value per Security (Rs.) 5,00,000/-
Issue Price per Security (Rs.) 4,78,751.50/-
Issue value (Rs.) 19,15,00,600/-
ISIN INE583D14956
Redemption value (Rs.) 20,00,00,000/-
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
+3.51%+0.48%+3.42%-40.85%-46.27%-12.63%

How will Ugro Capital utilize the ₹19.15 crore raised to support its immediate liquidity requirements?

What impact will the yield implied by the issue price have on Ugro Capital's overall cost of borrowing?

Does this successful issuance indicate a strategy to rely more heavily on short-term commercial papers for future funding needs?

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

1 min read     Updated on 06 Jul 2026, 08:46 PM
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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.

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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
+3.51%+0.48%+3.42%-40.85%-46.27%-12.63%

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?

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1 Year Returns:-46.27%