UGRO Capital Allots ₹380 Crore Secured Non-Convertible Debentures

UGRO Capital allotted ₹380 crore of five-year senior secured listed non-convertible debentures through private placement at a 10.20% annual coupon, payable semi-annually. The debentures mature on 28 August 2031, are secured by a 1.1x receivables cover, and will be redeemed in five instalments from August 2029.