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Ugro Capital Limited Announces Allotment of Commercial Papers

Story Highlights
  • Ugro Capital Limited has allotted listed Commercial Papers to enhance its financial offerings.
  • The commercial papers have a redemption date of 17th March 2026 with strategic financial implications.
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Ugro Capital Limited Announces Allotment of Commercial Papers

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Ugro Capital Limited ( (IN:UGROCAP) ) has issued an update.

Ugro Capital Limited announced the allotment of listed Commercial Papers, approved by its Investment and Borrowing Committee. This move, involving securities with a face value of Rs. 5,00,000 each, is part of the company’s strategy to enhance its financial offerings and strengthen its market position. The commercial papers are set to be redeemed on 17th March 2026, with an issue value of Rs. 14,45,25,900 and a redemption value of Rs. 15,00,00,000, indicating a strategic financial maneuver to optimize returns and liquidity.

More about Ugro Capital Limited

Ugro Capital Limited operates in the financial services industry, focusing on providing capital solutions. The company is known for its investment and borrowing services, catering to a range of financial needs in the market.

Average Trading Volume: 24,289

Technical Sentiment Signal: Hold

Current Market Cap: 21.52B INR

For a thorough assessment of UGROCAP stock, go to TipRanks’ Stock Analysis page.

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