Ugro Capital reopens NCD issuance after brief withdrawal

Ugro Capital Limited informed stock exchanges on December 24, 2025, that it has decided to reopen the issuance of Non-Convertible Debentures (NCDs) under Series 2. This decision follows an intimation dated December 22, 2025, where the company had previously announced the withdrawal of the proposed NCD issuance.

The Series 2 Non-Convertible Debentures are set to aggregate to INR 100 crores. The company confirmed this information has been made available on its website, www.ugrocapital.com, for public record.

This reopening of the NCD issuance is in accordance with SEBI regulations. The announcement was signed by Satish Kumar, company secretary and compliance officer of Ugro Capital Limited.