UGRO Capital allots €10m in unsecured euro-denominated bonds

UGRO Capital Limited's Investment and Borrowing Committee approved the allotment of up to 1,000 senior, unsecured, euro-denominated non-convertible redeemable bonds on December 16, 2025. These bonds, each with a face value of €10,000, aggregate to €10,000,000 through private placement. The bonds will mature on December 15, 2030, after a tenure of 60 months from the deemed date of allotment, December 15, 2025.

The bonds carry a coupon/interest rate of 6.00% per annum, payable semi-annually. Redemption will occur in three equal installments on principal payment dates, as specified in the transaction documents. These bonds are proposed to be listed on NSE IFSC Limited (NSEIX). No charge or security has been created over assets for this issuance, and no special rights or privileges are attached to the instrument.