UGRO Capital Limited has made a regulatory disclosure pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulations 30 and 51).
The Investment and Borrowing Committee of the Board of Directors approved, through resolution by circulation on Tuesday, 26th May 2026, the allotment of Non-Convertible Debentures (NCDs).
Key Particulars of the NCD Issuance:
- Type of Security: Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures
- Issue Type: Private placement
- Total Issue Size: ₹200,00,00,000/- (Indian Rupees Two Hundred Crores)
- Number of Instruments: 2,00,000 (Two Lakh) debentures
- Face Value: ₹10,000 per debenture
- Listing: Proposed to be listed on BSE Limited
- Date of Allotment: 26th May 2026
- Tenure: 18 months from the date of allotment
- Date of Maturity: 26th November 2027
- Coupon/Interest Rate: 9.75% per annum payable monthly
- Payment Schedule: Coupon payable monthly; principal redemption at maturity
- Redemption: At par on maturity date
- Default Interest: In case of delay in payment of interest/principal beyond three months from due date, additional 2.0% per annum will be applicable
Security Details:
The debentures are secured by a first ranking, pari-passu and floating charge on all and/or any one of the following assets:
- Rights on receivables from sale/lease of present and future identified EPs of the Issuer
- Cash and Cash equivalents
- Investments
- Unencumbered and identified loan receivables/book debts
- Such other security or contractual comfort as required for the issuance
Special Features:
- No special rights/interest/privileges attached to the instrument
- No cancellation or termination of the issuance proposal
The disclosure was signed by Satish Kumar Chelladurai, Company Secretary and Compliance Officer, on 26th May 2026 at 15:52:37 IST. The information has been made available on the company's website at www.ugrocapital.com.