UGRO Capital secures ₹50 crore through unlisted commercial papers

UGRO Capital Limited's investment and borrowing committee approved the allotment of unlisted commercial papers (CPs) totaling ₹50 crore on December 10, 2025. This decision was formally communicated to BSE Limited and the National Stock Exchange of India Limited.

The unlisted commercial papers have an allotment date of December 10, 2025, and are set to mature on January 12, 2026, implying a tenure of 33 days. Each security has a face value of ₹500,000 and was issued at a price of ₹495,964.50, leading to an aggregate issue value of ₹49,59,64,500. The redemption value for these CPs is ₹50,00,00,000, and their ISIN is INE583D14782. Yes Bank Limited, Mumbai, has been named as the issuing and paying agent (IPA) for this transaction.

This strategic allotment aims to bolster UGRO Capital's financial position. Satish Kumar Chelladurai, company secretary and compliance officer, signed the intimation.