UGRO Capital Allots USD 20M Foreign Currency Bonds

UGRO Capital allotted up to 2,000 USD-denominated non-convertible foreign currency bonds aggregating USD 20 million via private placement on 27th March 2026.
The bonds carry a coupon of 300 bps plus Term SOFR, mature on 27th March 2030, and are proposed to be listed on India International Exchange IFSC Limited.
Redemption is structured in three semi-annual instalments: 25% at 36 months, 25% at 42 months, and 50% at maturity (48 months).